The buyback rally fades and the 30-year pushes back to 5.25%, but crypto answers louder — Bitcoin above 75,000 toward its best week since March 2024, BITW breaks a year-long wedge, and the yen's first falsifier line goes live at 158.83
The bond market finished a sentence overnight that Wednesday and Thursday only started. Wednesday's edition here read the Treasury buying duration with bills; Thursday's Midday 10 recorded yields reversing back up through that buyback within hours. Overnight, the reversal went further: the 30-year yield reached 5.25%, the 10-year settled at 4.70%, and Treasury Secretary Scott Bessent flagged scope for larger debt buybacks plus an upcoming fiscal plan. The market is treating bill-funded buybacks as a temporary reprieve, not a clearing price for the long end.
The buyback rally fades and the 30-year pushes back to 5.25%, but crypto answers louder — Bitcoin above 75,000 toward its best week since March 2024, BITW breaks a year-long wedge, and the yen's first falsifier line goes live at 158.83
1 Capital Competition, Day 3: The Buyback Rally Fades
2 Crypto Breaks as a Complex, Not Just a Coin — BITW's Wedge
3 The Yen's First Falsifier Goes Live
4 Korea's Buyback Echo, Second Session
5 WMT's Second Day, PDD's Mirror-Image Card
6 Ex-Tech Pairs Miss Day 3 — The Honest Read
7 Hardware Uneven, Large-Cap Semis Hold, Hyperscalers Red
8 Momentum's First Win in Four, VIX Up, Week Verdict Today
9 Index Family Split, IEF Reclaim Test, PMI Docket