The anomalous vertical jolts suggested sudden huge moves by a massive whale in US bonds.
Something very peculiar – and VERY serious – is happening in US Treasury Bond markets.The Yields on the 2-year, the 5-year, the 20-year, and the 30-year Bonds have experienced sudden and dramatic 40bps spikes several times today.
Turner suggested the most likely cause portended serious bad news for the US:
At first, folks thought this might be a data glitch. But it kept happening. Now, the general consensus is that a VERY LARGE Bond Holder is DUMPING U.S. Treasuries and doesn’t care who sees it.
TRUTH LIVES on athttps://sgtreport.tv/
More worrying is the almost immediate return to previous lower levels.
The general consensus is that the sale of the Bonds is triggering the Yield spike(because the sale of such bonds indicates to the market they are now riskier)but almost immediately, someone else is “buying” those bonds, thereby returning the Yield to normal.
The general consensus is that the ONLY entity big enough to be instantly buying the Bonds would likely be the US Federal Reserve.It is believed the Federal Reserve is doing this to keep the Yields at low interest.
But if this is actually what’s taking place – we just don’t know yet — then that means someone big is DUMPING US TREAURIESand the fed is creating money out of thin air to buy them. Monetizing debt!
Keep a close eye on this. If one “whale” is dumping US Treasuries, that could start an avalanche of others doing the same thing. Faith in the Dollar could suffer greatly if this spreads….
Source: SGT Report
