The U.S. just sold $100 billion in 4-week Treasury bills. That’s the largest short-term auction in history
Some analysts believe is doing some kind of ‘light’ Yield Curve Control.
There are three main flavors of Treasuries.
• Bills: Short-term. Mature in less than 1 year.
• Notes: Medium-term. Mature in 2–10 years.
• Bonds: Long-term. Mature in 10+ years.
Normally, the U.S. spreads borrowing across all three buckets. Some debt matures quickly. Some comes due in a decade. Some doesn’t have to be paid back for 30 years. That mix spreads out risk and stabilizes funding.
But right now, the U.S. is leaning very heavily on bills. Why? Because bills are cheaper today.
To balance things, Treasury has started buying back long bonds. So they sell short-term bills to raise cash. Then they use that cash to buy back 10- to 30-year bonds already in circulation. That reduces long-end supply.
This strategy saves money in the short run. But it creates something called rollover risk. Bills mature fast. That means the government has to refinance constantly. If rates fall, that’s good news. If rates rise, the pain hits immediately.
True Yield Curve Control means setting a hard cap on yields and promising to buy unlimited bonds to enforce it.
Japan did this for years. The U.S. isn’t that explicit but by nudging supply, it’s steering outcomes.
Source: StockMarket.News @_Investinq
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Stealth QE. The snake eats its tail. The destruction of the U.S. economy is almost complete and these measures ensure it will occur. The FED ALWAYS wins -- they are untouchable. Illusions to the contrary are just that.