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But we saved everything 🙂.
Andrew Lokenauth reports that Bessent is buying back Treasuries in an effort to stabilize the bond market and bring yields down.
This action aims to support overall market stability amid current financial conditions.
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Lokenauth has previously highlighted shifts in major financial indicators. He compared Anthropic's $965B valuation and $65B revenue with Walmart's $870B valuation and $713B revenue. In an earlier analysis, he noted that hourly wages now need to be 8.6 times higher than in 1970 to match earlier purchasing power.