I stopped chasing pumps and learned to read the chain. With U.S. Treasury flooding the front end, short-term yields now exceed 4%—a silent signal that liquidity, not leverage, is the new truth. This isn't politics—it's arithmetic. The CBO’s $3.4T deficit projection reveals a quiet revolution: long bonds are being abandoned not out of fear, but because data won’t lie. I watch closely. You should too.