Arthur Hayes: If the US Treasury were to cancel bond auctions or engage in "stealth QE," it could exacerbate monetary expansion.

BlockBeats News, April 9th, BitMEX co-founder Arthur Hayes posted a message stating, "If the U.S. Treasury Department decides to cancel the upcoming 10-year and 30-year Treasury bond auctions, it is a covert way of printing money because it would instead draw down the TGA (Treasury General Account). This is a simple interim step to quell the chaos before the 'coward' Powell fulfills his duty."

In his tweet, Arthur Hayes shared a summary of a Bloomberg article titled "Bond 'Fire Sale' Sends Global Yields Surging," where the 30-year U.S. Treasury bond yield recently surpassed 5%, marking the largest sell-off since 2020. The yield surged approximately 40 basis points over the past three trading days, causing a global bond yield increase.

Furthermore, Hayes' tweet had a sarcastic tone, criticizing Fed Chair Powell for potentially adopting loose policies under pressure.