BREAKING:

🇺🇸 The US Treasury just bought back $1,560,000,000 of its own debt.

This isn’t just a routine operation.

When the Treasury starts absorbing supply, it quietly reshapes liquidity conditions across the bond market. Fewer notes in circulation. Subtle pressure on yields. Signals about balance sheet management beneath the surface.

Watch liquidity. Watch risk assets.

Macro shifts rarely shout first.