Bonds, Bullion, & Bitcoin Bid Amid Bessent Double-Whammy, Tech Wreck Continues

Tl;dr: A double whammy from TsySec Bessent (using TGA to fund buybacks, not 'Twist' & sanctions threats focused on Iran revenues, not kinetic) pushed bond yields and oil prices lower (Hormuz traffic reports helped). PMs & Crypto rallied in the face of a stronger dollar as tech weakness (AI-focused) continued to weigh on the major US equity indices.

Bessent living dangerously...

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