Poster Pushes Back on Narrative Tying Bessent's Treasury Buybacks to Rate Pressure

A poster pushed back against the narrative that Treasury Secretary Bessent is buying long-term Treasuries because rates are surging, arguing instead that the buybacks are related to data centers. The poster also said yen intervention was not aimed at stopping UST selling but reflected the "long-standing friendship" between Japan and the U.S., adding sarcastically that "everything is fine with the UST market."