The Capital Markets are a Ledger for Capital Inflow and Outflows (as obvious as that seems)

I'm very new to this crap, but I think we can't forget that money moves all the time. Everyone privileged enough is out looking for something to throw it in for yield and everyone that doesn't have the ability to is stuck holding it.

As of right now, domestic and international indices, metals, and the major cryptos are down: DAX, Euro Stoxx 50, Shenzhen Composite, Nikkei 225, BTC, ETH, Silver, Gold, Platinum, Palladium, S&P 500, DJIA, NASDAQ, etc.

Also as of right now, USD is up: DX-Y.NYB, USD/EUR, USD/JPY, USD/GBP, USD/AUD, and USD/NZD.

**FOR YOU BOND NUTS PLEASE CORRECT ME HERE:**

For US primary bond inflows, what I saw today was that about half of the competitive bids tendered were accepted for US1M and US2M. Total value is **\~$200B** for **competitive bids today**. Non-competitive for those 2 day totaled **\~$11B**. Slightly more demand for the US1M than US2M but by $10B. That said, the **total value of the the US1M and US2M purchases today were \~$211B**. Source: [https://treasurydirect.gov/auctions/announcements-data-results/announcement-results-press-releases/auction-results/](https://treasurydirect.gov/auctions/announcements-data-results/announcement-results-press-releases/auction-results/)

For JP primary bond inflows, of those tendered (competitively) for JP30Y (today), only 1/4 of those were accepted. For JP10Y, 1/3 was accepted. Total value I don't have the non-competitive figures for the JP bonds unfortunately (still trying to figure that out). The **total value of JP10Y and JP30Y purchases today** were **\~¥2.5T** or **\~$16B**. Source: [https://www.mof.go.jp/english/policy/jgbs/auction/calendar/2602e.htm](https://www.mof.go.jp/english/policy/jgbs/auction/calendar/2602e.htm)

*In advance, I apologize for denoting these incorrectly*. For EU **primary bond inflows, the total value of the EU2M, EU1M, and EU1Y purchases today were** **\~€3B** or **$3.5B**. Source: [https://commission.europa.eu/news-and-media/news/results-04-02-2026-auction-eu-bills-2026-02-04\_en](https://commission.europa.eu/news-and-media/news/results-04-02-2026-auction-eu-bills-2026-02-04_en)

What I say below comes with the disclaimer of I am not a Financial Advisor nor am I speculating on the future. Moving forward, the flock to USD should give us some optimism for the US market. Although the Administration speaks of devaluing the USD, it's still a trusted currency. Also, at the very least, given today's picture, it shows that the appreciation brought to you by US T-Bills is more attractive. I can't say who is buying, but we can see that money is moving in that direction.