🚨 TREASURY BOND INTERVENTION COULD TURN INTO A MUCH BIGGER DISASTER. The Treasury is planning to tap a $1T cash balance for long-term bond buybacks as yields are hitting record highs. More intervention could push yields lower in the short term. But if investors start believing the government is artificially controlling the bond market, confidence will fall. Once the bond market starts losing trust, investors will begin to exit, and the intervention itself may contribute to the problem. The money leaving government debt also needs somewhere else to go. And that could be incredibly bullish for Bitcoin, gold, and other hard assets.(Crypto Rover)