Fresh signals from Washington are shaping fixed-income markets. The administration's directive to acquire $200 billion in mortgage-backed securities marks a notable shift in treasury strategy. This move carries implications for bond yields, liquidity flows, and broader asset allocation decisions. For market participants tracking macro trends, understanding the mechanics behind such large-scale treasury purchases—timing, execution, and secondary effects on mortgage rates—becomes crucial. The scale alone positions this as a significant policy intervention worth monitoring, especially for those evaluating correlations between government debt instruments and alternative asset classes.