Every Zipp story tagged #TreasuryBuyback, newest first.
Treasury's buyback was designed to ease liquidity in long-dated bonds. The 10-year real yield still climbed 9 bps the same session, and spot Bitcoin ETFs bled another $282.7M, so the relief never…
XRP is the most leveraged proxy for a macro risk-on trade right now. The Treasury's bond buyback push is what flipped the curve narrative, and roughly $2B in liquidated shorts did the rest.
The $280B market-cap gain shows the shock reached beyond leveraged derivatives, making Treasury's buyback a catalyst for a broad crypto repricing.
The divergence makes the Treasury announcement a macro signal about currency value and liquidity, not a broad equity risk rally.
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