World Trade Securities CEO Nicholas Mugalli accused Citadel Securities and Ken Griffin’s firm of being short bonds and seeking higher yields, saying Treasury Secretary Scott Bessent’s expanded buybacks were limiting their trade. Citadel Securities strategist Nohshad Shah criticized the Treasury’s decision to increase 10- to 30-year bond buybacks from $2 billion to at least $4 billion per operation, calling the policy financial repression at the margin. Mugalli said on X that Citadel’s inflation concerns were self-serving and that the firm was trying to push the bond market lower so it could cover its position. He also invoked George Soros and Stanley Druckenmiller’s former Quantum Fund, saying they might have squeezed the Treasury rather than complain. The comments came as 30-year Treasury yields stood at 5.23%, 10-year yields at 4.70% and two-year yields at 4.24%. The iShares 20+ Year Treasury Bond ETF closed 0.62% higher at $82.56 but remained down 6.03% year-to-date. The S&P 500, Nasdaq Composite and Dow Jones were up 11.58%, 11.81% and 10.41% year-to-date, respectively.