X feed (16)
quoting bloomberg's piece on the surge in canada's us bond holdings, says china isn't the leg here, the uk and europe are, straight from the tic data, and calls the bloomberg angle misdirection
Been on this story for over a year. China isn’t the leg here, UK and Europe are. This is straight out of the TIC data. Low grade agitprop and misdirection from Bloomberg here
open on X ↗shares a video titled "the dollar's 'not gonna die' - gold to $20k, bitcoin to $1 million"; post is just the title and link
The Dollar's 'Not Gonna Die' - GOLD to $20K, BITCOIN to $1 Million 'Mini...
open on X ↗says high-yield markets shut the door on speculative datacenter builds this week, and the stress is now hitting tertiary suppliers like utility-line contractor Artera Services
HY markets called closing time this week on speculative datacenter construction, now pushing tertiary suppliers into distress.
Artera Services, LLC provides utility line construction services. The Company offers installation, repair, and maintenance of natural gas, electric,
open on X ↗Flags US natural gas at a 3.5-year high, an energy-input pressure point alongside the hot CPI print.
Natural Gas prices are at a 3.5-year high!
open on X ↗Don’t tell anyone, but there were four other HY issuers whose bonds took it on the chin harder than $CRWV today.
open on X ↗says France, unlike Japan, can't count on US help to prop up its debt anymore
And unlike Japan, France cannot count on help from the US to maintain this grift anymore and LARP as a major power. (quoting a post that Japan's Sumitomo Mitsui DS Asset Management sold all its French government bonds for German and Japanese bonds, with French 10y yields cited going from 3.6% to 4.96%)
open on X ↗his quarterly-chart report, framed around the dollar
Market Report 10-7-2026: The Quarterly Dollar Problem. So, this morning, having rotated back to the world after a three-week tour of the American High West, I get back in the saddle looking at the world through the lens of the Quarterly charts of the world's most important assets.
open on X ↗Frames France's political crisis as driven by rising interest rates.
Fifth Republic (1958-2026). 🇫🇷
Cause of Death: Strangulation by Interest Rates.
open on X ↗Expects the fix for French debt to be more EU/ECB-level debt in the Eurosystem.
The band-aid solution: add more centralized institution debt into the Eurosystem, e.g. European Commission, ECB, etc. Problem “solved”.
open on X ↗Links the French sovereign and bank debt selloff to US sanctions on Iranian oil financing.
Now wait and watch as people connect the dots: that the French sovereign and financial debt selloff we’re seeing rise to a fever pitch this week is a downstream precipitate of Epic Fury, Economic Outcast, and OFAC sanctions against the financing and trade of IRGC oil.
Has your
open on X ↗Jokes that it only counts as a sovereign debt crisis if it comes from France.
If you want to be precise, you can’t technically call it a sovereign debt crisis unless it hails from the Île-de-France region.
open on X ↗Points to a selloff in a French bank's USD-denominated senior preferreds.
Are the French rioting because their Banque Fédérative du Crédit Mutuel USD-denominated sr preferreds are selling off?
open on X ↗Self-labelled speculative view tying French social unrest to its fiscal and bond-market position.
Tinfoil hat boilerplate warning, so take this with a grain of salt.
Given the fiscal and bond market situation in France, incentives for its leaders would align with allowing this sort of social unrest like in OP below to take place. If you want to take a deeply cynical view,
open on X ↗Says BTC has correlated positively with DXY (dollar inflows) since UST buybacks began mid-August.
Since the UST buyback airbags inflated mid-August, take note that Bitcoin has flipped to positively correlate with capital flows into the USD per the offshore dollar system’s $DXY FX proxy as we enter a critical juncture.
I still weight the most probable / base case scenario for
open on X ↗Says fintwit consensus has been on the wrong side of 2026's biggest FX trend.
Macro consensus on fintwit has mostly been on the wrong end of what might go down as the most important FX trend move of 2026.
Just like a lot of people were caught offsides after the biggest chip stack at the table telegraphed for six months what they were going to do headed
open on X ↗Thinks the French OAT yield trend is nearing a local climax as it goes mainstream.
Seems we’re getting close to this trend running into its local climax. Weeks, maybe days away, from the shoeshine boy talking to you about yields on French OATs — or the modern equivalent, your macro tourist podcaster.
open on X ↗