Thoughtful Money with Adam Taggart · Thursday, August 27, 2026
Michael Every suggests that the US Treasury's recent 'Operation Twist' maneuver, involving buybacks of longer-duration bonds funded by T-bill issuance, is not merely a financial adjustment. He likens it to a 'special military operation twist,' implying a more complex geopolitical and financial strategy at play.
“But what I want to add is that when you look at what is happening around the world at the same time, you can see that I think it's not Operation Twist, it's special military operation twist.”
“Because let me talk you through it. First of all, the day before Yellen did that, he put out an offering or a suggestion for public input on the Genus Act, which is linked to stable coins, of course.”