JUST IN 🚨: U.S. Treasury just bought back $12.5 billion of their own debt, equaling their largest buyback in history (which happened last week) 🤯👀
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First 9 months of 2024: –$653 billion deficit. First 9 months of 2025: –$766 billion deficit. +17% YoY 🚨 Record high. Source: Charlie Bilello
2) Treasury cash flood begins ✔️ : TGA balance down $78BN in one week (3rd biggest liquidity injection of 2025) 3) Meltup ✔️: stocks close at all time high Source: zerohedge
Fed’s first month of T-Bill purchases. $40 BILLION over the next month. Starts today at 9am.

