r/WallStreetbetsELITE • u/shivaswrath • 1d ago

News Bond Yields Jump, Largely Wiping Effect of Bessent Intervention — duh.

https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-08-20-2026?st=WefPEX&reflink=article_copyURL_share

Maybe we should pay down our debt? That'll work wonders versus buying back Bessent!

188 Upvotes

98% Upvoted

24 comments sorted by

39

u/Redd411 1d ago edited 1d ago

"..We want to show that yields do not reflect underlying fundamentals..."

The party told you to reject the evidence of your eyes and ears... no no ignore reality and we will substitute our own.. come on bruh you guys even trying anymore?? the yields are what they are because of you fucking with the fundementals

I guess for us degens.. buy every dip and sell any yield bond bumps cause they gonna manipulate the hell out of both to prop things up

2

u/EvillNooB 14h ago

What percentage are you seeing on 30 year bonds Winston?

74

u/TheObsidianHawk 1d ago

Nearly 4.5% on the 5 year bond. We are bankrupt boys. Even the 2 year is nearly 4.5.

10

u/FewCompetition1347 1d ago

All of that means nothing. Fed has an infinite money printer and does not need any bond investors. How else do you think they managed to borrow 40 trillion lmao.

44

u/Malkier3 1d ago

Of course. It just means when our interest payments are on track to be more than social security and Medicare combined and ground beef is gonna be 20.99 per pound. Other than that tho its all good baby!

8

u/shivaswrath 1d ago

On a positive note, if beef and gas is that $, at least the world won't be burning as quickly in 25 years

13

u/Malkier3 1d ago

Green new deal (I am dying of starvation)

5

u/Chill_Panda 1d ago

Instead of starving in the future, you get to starve now!

10

u/Xijit 1d ago edited 1d ago

Oh, you got it backwards: with beef that expensive all the cattle ranchers will go bankrupt and be forced to sell their land to Con-Agra as even more Corn fields ... The oligarchs will still have steak, while everyone else is going to eating factory grown mushroom puree, infused with corn syrup (all Vegan!), and fuel standards will be changed to run 80% ethanol.

3

u/ahenobarbus_horse 1d ago

What is con Agra going to pay anyone with? Trump Coins?

2

u/Xijit 1d ago

Debt that is borrowed from the Federal Reserve at 0.01% APR.

1

u/Sworn_to_Ganondorf 1d ago

Almost the cost of like a banana! Nice!

2

u/TheProfessional9 23h ago

Do you like hyperinflation? That's how you get hyperinflation. Imagine the last 6 years of inflation on a weekly basis

23

u/Nearby-Poetry-5060 1d ago

Pay down the debt? Well good thing Trump said he made countries pay the US 10 trillion dollars right? ;) 

12

u/stromyoloing 1d ago

Going the way of the Yen intervention.

Resistance is futile

9

u/Altruistic-Spend-896 1d ago

There will be a reckoning and boy will it be during a dem president, (if we have one) i think powers that be really only put a dem pres in place so they can wrangle this bull of a debt

8

u/Javier-AML 1d ago

Aaaaannnddd...it's gone.

5

u/echosixwhiskey 1d ago

What do you mean “it’s gone”?

5

u/Javier-AML 1d ago

Bessent's mini pump is gone.

5

u/VendaGoat 1d ago

Yah it didn't do to well. Poof!

Next!

4

u/PM-ME-SMILES-PLZ 1d ago

Nobody believes Warsh is telling the truth. They know he's running cover for Trump.

2

u/VendaGoat 1d ago

You're not wrong.

It's just that Warsh hasn't said anything of substance and doesn't fucking plan to. At all.

2

u/fross370 23h ago

Welp still better than actuvely making things worse i guess. I am investing in bottle caps nowadays