PANews reported on April 9 that Arthur Hayes, co-founder of BitMEX, posted on the X platform that "if the U.S. Treasury decides to cancel the upcoming 10-year and 30-year Treasury bond auctions, this is a covert act of printing money because he will instead consume the TGA (Treasury General Account). This is a simple intermediate step to calm the chaos before the 'coward' Powell performs his duties." Hayes' tweet was ironic in tone, criticizing the Federal Reserve Chairman Powell for possibly adopting an easing policy under pressure.

Arthur Hayes retweeted an excerpt from a Bloomberg article, titled "Treasury bond 'clearance sale' causes global long-term yields to surge." The yield on 30-year U.S. Treasury bonds recently broke through 5%, marking the biggest sell-off since 2020. Yields have soared by about 40 basis points in the past three trading days, and global bond yields have also risen accordingly.