Hugh Naylor
@hughnaylor
Yields on the 10 yr falling. Bessent must be happy
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Purp🇵🇸
@purp
He can finally back down from the ledge
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Hugh Naylor
@hughnaylor
Big sigh of relief from him, no doubt
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Purp🇵🇸
@purp
If dollar keeps performing like this he might never sleep again though
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Hugh Naylor
@hughnaylor
Yeah? I think Lutnick, Miran and others are trying to bring the dollar down in a big way
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Purp🇵🇸
@purp
I think there definitely is an attempt to, because it's the obvious strategy in terms of managing a trade wars impact, but imo it's the wrong play considering they are really trying to just corral China, i feel it'll become a barrier to real investment in quality working class jobs( if they were in reality to come)
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Hugh Naylor
@hughnaylor
You could be right 🤝
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