Brent Tops $100, Bitcoin 'Golden Cross', Bullion Bid, Bessent Buyback Busts, But 'Hindenburg Omens' Loom

Tl;dr: Quite a day... Continued Mideast escalation broke Brent above $100 (July highs), driving short-end yields higher early on (then long-end yields snapped higher as Bessent's buyback bazooka disappointed in size, 10Y auction was solid). Stocks could not fight the pressure (with even tech hit despite Goldman conference optimism) with several Hindenburg Omens triggering recently. The dollar and bitcoin were choppy but ended flat as gold gained - once again the release valve for all this intervention...

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