Most people think the Red Scare began on February 9, 1950, when Joseph McCarthy produced a piece of paper before the Republican Women's Club of Wheeling, West Virginia, and proclaimed...

"I have here in my hand a list of 205 people that were known to the Secretary of State as being members of the Communist Party, and who, nevertheless, are still working and shaping the policy of the State Department."

Joseph McCarthy

The fact that this news is coming out the very next day after the Treasury announced that it would start printing money by the trillions is not a coincidence.

(Reuters) - A U.N. panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the panel said on Wednesday, adding to pressure on the dollar.

That's how Marc Faber described the market for treasuries today.
Why would he say this? To answer that you have to look at two different factors - supply and demand. For the demand side, you should look at today's Treasury International Capital (TIC) report.

Net foreign purchases of long-term securities were negative $43.0 billion.
...
Foreign holdings of Treasury bills decreased $15.4 billion.

Monthly net TIC flows were negative $148.9 billion. Of this, net foreign private flows were negative $158.1 billion, and net foreign official flows were $9.2 billion.

On July 3, 1835, in Paterson, New Jersey, nearly 2,000 textile workers walked off the job. The strike was notable for several reasons.

For one thing the strikers weren't demanding more money, despite the fact that they only made $2 a week (adjusted for inflation, that would be $44 a week today). Their central demand was an 11-hour day (as opposed to the 13.5-hour days they were currently working), and only 9 hours on Saturday instead of a full day.
That in itself was significant enough. The first strike in American history to limit hours had happened only 7 years earlier, and was also in Paterson, New Jersey. That strike had been crushed after a week when the militia was called in.

Memorial Day in Chicago in 1937 was hot and sunny. On the prairie outside the Republic Steel's Chicago plant the strikers and their families began to gather for picnics. Women were dressed in their holiday best. Children could be seen riding on their father's shoulders.
Sam's Place was nearby. Once a dance-hall, Sam's was now the strike headquarters. Gradually the families drifted over to where a soup kitchen had been set up and where strike leaders gave speeches from a platform. A group of girls began singing IWW union songs, and the men joined in. Plans were being made for a mass demonstration, despite the rumors that the police had something big planned themselves.
The day seemed just too nice for anything bad to happen.