🚨 Scott Bessent Just Gave A Terrifying Statement For The Markets: “I cannot control the bond market”… and “the house doesn’t win every hand.” When asked if he regrets saying “I am the house now,” Scott Bessent admitted that the house doesn’t win every hand. He also openly admits that he cannot control the bond market but can try to get people to slow down and think. Interestingly, The BoJ and finance minister had threatened of bold actions to save the yen. Japan’s Yuto had even apologized for the measures prepared by the BoJ. Then Boom, the US Treasury intervened and effectively took control of BoJ operations to stop Japan hiking rates and dumping its $1.4T in U.S. Treasuries, which would crack the US debt market and trigger a global liquidity crisis. Scott Bessent then claimed that he has asymmetric information, called himself “the house” and dared traders to short the yen. Soon after, @yutokanzakireal responded and warned that Japan is now no longer betting against the house but bringing the entire house down and the entire system will get margin called. What followed was Japan dumping Treasuries, Japanese funds dumping global debt and investing back into Japanese bonds. Just one Japanese fund broke the French debt market by selling their holdings to ZERO. Why is this a terrifying statement by Bessent? The global bond market is now breaking. U.S. Treasury Secretary admits that he cannot control the bond market and Traders are now doubling down against a Treasury market he says he can’t control. This is no longer going to be a debt market collapse, it’s going to be a global liquidity crisis.