‘There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.’ – Ludwig von Mises
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
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Following futures positions of non-commercials are as of Aug 19, 2025.
10-year note: Currently net short 945.5k, up 3.3k. Chair Jerome Powell used
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