| ▲ | JoshTko 2 hours ago | |
One idea for Bessent is that he wants lower 10 year treasury yields and deflating AI bubble can help flow money back into treasuries. For example popping AI bubble will make investment into AI seem much more risky so debt market may park cash in treasuries, also crashing equities can make equity investors also seek safer havens such as treasuries which will lower the 10 year. | ||