Liberation day-sized 301 and 338 bids could impact treasuries, Andy Constan notes

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23.07.2026

Liberation day-sized 301 and 338 bids could impact treasuries, Andy Constan notes — Large treasury bids unlikely to appear

Andy Constan, founder and strategist at Damped Spring Macro, observes the potential impact of significant 301 and 338 bids on U.S. treasuries but suggests such bids are unlikely to occur.

Constan's comment points to anticipated market action and the low probability of large-scale treasury purchasing.

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Constan has previously commented on other market events. He observed that ORCL shares dropped 58 percent after the company's shift to building compute capacity. In a separate note, Constan pointed out that the ONDS CEO made direct remarks about him, calling the executive incompetent.

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