US Allies And BRICS Nations Dump US Treasury Bills And Bonds That Near Expiration
It has been reported the fact that the US allies and the BRICS nations are making important moves in the financial space. Check out the latest reports about this below. US allies and BRICS nations make moves in the finan...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It has been reported the fact that the US allies and the BRICS nations are making important moves in the financial space. Check out the latest reports about this below.
US allies and BRICS nations make moves in the financial spaceAccoridng to a new tweet, the U.S. allies and BRICS nations are not only dumping U.S. Treasury bills but also U.S. Treasury Bonds that are nearing expiration.
More than $750 billion in U.S. debt is at stake, and if the U.S. fails to sell these bonds every month, the Federal Reserve may have to keep its money printers operating continuously.
Wall Street and the Federal Reserve are reportedly using this influx of currency to invest in Bitcoin ETFs. Such actions could lead to record-high inflation, signaling the end of the U.S. dollar’s dominance. Welcome to the Golden Era.
More than $750 billion in U.S. debt is at stake, and there’s a recurring issue each month: the U.S. struggles to sell these bonds, as there are no buyers.
In contrast, central banks are increasingly purchasing gold instead.
This lack of interest in U.S. bonds is compelling the Federal Reserve to print more money, thereby flooding the market.
This situation could lead to significant economic shifts, marking the start of a new ‘Golden Era’ in global finance.
URGENT UPDATE
The U.S. allies and BRICS nations are not only dumping U.S. Treasury bills but also U.S. Treasury Bonds that are nearing expiration. More than $750 billion in U.S. debt is at stake, and if the U.S. fails to sell these bonds every month, the… pic.twitter.com/OOUgzVkMSV
— WallStreetBulls (@w_thejazz) December 23, 2023
Check out the following tweet as well:
The National Economic Security and Recovery Act proposes a set of economic reforms for the United States. The issue with U.S. foreign policy is its reliance on military might and the USD, assuming that these can dominate global affairs. However, it’s important to realize that…
— WallStreetBulls (@w_thejazz) December 23, 2023
Stay tuned for more news from the crypto space.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Robinhood’s $25 billion crypto pile belongs to customers, not its treasury
Misinterpreting customer-held crypto as corporate assets can mislead market perceptions, affecting investor sentiment and perceive...
Bitcoin price has risen 84% since January 2024 while Treasury yields climbed
Bitcoin traded below $84,000 on Oct. 7 as US Treasury yields near 5.3% offered investors a competing interest-bearing alternative....
Avalanche Tokenized Treasury Market Reaches $545 Million After Rapid Growth
TL;DR: Tokenized US Treasury assets on Avalanche have reached roughly $545 million, according to data highlighted this week. The s...
S&P brings ratings-style scrutiny to $10 billion crypto vault market as $6 million Base incident exposes risks
S&P Global is bringing ratings-style risk assessments to crypto lending vaults as the fast-growing market confronts fresh security...
Bitcoin rally delivers $4.1 billion tax windfall for Strategy
Strategy estimated a $4.1 billion income-tax benefit after Bitcoin's fair value rose above cost as of Sept. 30, according to its O...
Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges
Bitcoin Magazine Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges Payment volume processed on crypto ca...