ON AIR NOW
Click to Play
The implicit notion–extant on both ends of the Accela Corridor--that the present financing arrangements for the $31 trillion of publicly held US Treasuries represent the natural order of things in the financial markets is just damn nonsense.
The implicit notion–extant on both ends of the Accela Corridor - that the present financing arrangements for the $31 trillion of publicly held US Treasuries represent the natural order of things in the financial markets is just damn nonsense.
Foreign official holdings of US Treasuries are down to 12.5% of total Treasuries outstanding, the lowest this century. This percentage has declined -24 points since the 2009 peak.
Sixteen months after President Donald Trump ordered his administration to build a federal bitcoin reserve, the White House says it is still working out how the fund should be structured, and a dispute between two departments has slowed the effort, ac
President Donald Trump posted a photo of a $100 bill bearing his signature on Truth Social on July 3, presenting the first paper currency to be signed by a living president.
The headlines are calling it the death of the dollar.
JUST IN: Treasury Secretary Scott Bessent CONFIRMS the $250 bill with President Trump's face on it is ALREADY in the works
4.9930 +0.0080 (+0.16%)
Funds are buckling, BDCs are bleeding, and investors are pulling capital
We already knew that the bond market was starting to call bullshit on America's fiscal and monetary policy.
Chart of the Week #104
There is something almost absurd about a government minting money at a loss. A coin - the most basic unit - becomes instead a confession, not just of inefficiency, but of a deeper fracture between what money is supposed to represent and what it has b
Stablecoins can't pay yield by law. So, BlackRock filed something that legally isn't a stablecoin.
The U.S. Treasury has now frozen $344 million in cryptocurrency tied to Iran, according to Treasury Secretary Scott Bessent, who announced sanctions targeting multiple digital wallets allegedly connected to Tehran.
Why would Hank Paulson, former Treasury Secretary 2006-09, suddenly appear and talk about wavering confidence in the US Treasury securities market? Let's unpack what Paulson said to Bloomberg last week.
BREAKING: ???????? US Treasury just did the largest Treasury buyback in HISTORY. Treasury bought back $15,000,000,000 of its own debt to improve liquidity. Source: Bull Theory
WOLF STREET posted insights about who bought US treasuries in February. Everyone asks why 10Y yields did not soar to compensate risk. In the face of tepid (or even failed) T auctions. This is where the "private" (PFI) gang come in.
...with Wall Street's biggest banks because of Anthropic's latest AI model - Claude Mythos
The U.S. government is insolvent. That's not hyperbole - it's the conclusion drawn directly from the Treasury Department's own consolidated financial statements for fiscal year 2025, released last week to near-total media silence.
JUST IN U.S. Treasury just bought back $15 Billion of their own debt, equaling the largest Treasury buyback in history
...surpassing the height of the 2020 REPO bank crisis.
The End Of The US Monetary Order
According to Walter Bloomberg, an economy breaking-news account, on the 20th (local time), Denmark's pension fund AkademikerPension has decided to sell its entire holdings of US Treasuries and exit the investment. The move is seen as a response to
The Yen Carry Trade - borrowing low-yield yen to invest in higher-yielding assets like U.S. Treasuries, credit, and equities - has ballooned into a multi-trillion-dollar structure after decades of BOJ suppression of rates and FX volatility.
The Depository Trust and Clearing Corporation said it is set to bring tokenized US Treasurys onchain, and plans to expand to a "broad spectrum" of assets in the future.
Japan holds $1.2 trillion in U.S. Treasuries. But that anchor may be slipping.
The US government sold $693.5 billion in Treasuries last week, across 9 auctions over 3 days.
The top 3 sources of liquidity in the market are bank reserves, reverse repo, and the Treasury General Account (TGA).
