🐋 WHALE WATCH : The 30 year Treasury yield hit 5.378% today the highest since 2007. The 10 year sits at 4.96% pushing toward 5% for the first time since October 2023. The Treasury bought back over $30B in debt this month the largest monthly buyback in history. Yields rose anyway. The dollar weakened to 98.73 while yields surged the opposite of what global capital flows typically produce. $107 oil and a hot PPI keep inflation pressure building underneath all of it. The buyback didnt work. Thats the story.(Whale Factor)