#SURPRISE!
#Japan #dumps more #Tbills

What happens after #Canada, #Japan, #China, & #EU dumps more #US #Tbills?

#economy #USeconomy #GlobalEconomt

So
China dumped
Europe dumped

Who wants some #Muricun #Tbills?

China dumps more US debt, buys other assets as Trump targets Powell Beijing’s Treasury holdings hit a September 2008 low, and analysts point to fears over Fed independence and debt sustainability, while gold’s appeal rises.

#China dumped #Tbills…

#CapitalFlight

China dumps more US debt, buys other assets as Trump targets Powell Beijing’s Treasury holdings hit a September 2008 low, and analysts point to fears over Fed independence and debt sustainability, while gold’s appeal rises.

#China dumped #Tbills…

#CapitalFlight

T-Bill Sales Are Draining the Market’s Extra Cash. Watch Reverse Repos. Excess cash is getting sucked out of the financial machinery as the government increasingly turns to shorter-dated debt to meet its borrowing needs.

Lot of #Tbills are getting issued as the #Treasury works to refill its account, just like it did in 2023. This time, though, the financial system doesn't have a lot of 'extra cash.' We are nearly emptied out. Why does this matter?

Read my piece on @barrons.com

www.barrons.com/articles/t-b...

Morning Bid: Trump moves to extend grip on Fed With U.S. President Donald Trump's nomination to fill a newly vacant seat at the Federal Reserve now out of the way, investors are awaiting a Senate confirmation to see if Stephen Miran would have a v...

Morning Bid: Trump moves to extend grip on Fed

uk.finance.yahoo.com/news/morning...

#FederalReserve #Fed #interestrates #inflation #policy #CentralBank #CentralBankIndependence #TBills #dollar

Trump Fired America’s Economic Data Collector. History Shows the Perils.

Trump Fired America’s Economic Data Collector. History Shows the Perils.

www.nytimes.com/2025/08/03/b...

#data #interestrates #inflation #credit #confidence #statistics #dollar #SovereignDebt #TBills

Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

www.nytimes.com/2025/07/17/b...

#powell #Fed #interestrates #inflation #dollar #debt #TBills #confidence #CentralBank #policy

A Treasury Bill Deluge Is Here. What Could Go Wrong. The department is issuing billions of short-term debt. Wall Street is watching to see if it trips up the funding market.

Treasury is issuing a lot of #Tbills.

There's demand. Unlike #stocks, these are universally loved; they offer security and a lovely above 4% yield. But there's one hiccup: This deluge of #Tbills can trip a fuse in the funding market.

Read more on @barrons.com

www.barrons.com/articles/tre...

Analysis-A slew of T-bills coming? Money market funds say ’bring ’em on’ By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -More than $1 trillion in U.S. short-term bills are expected to flood the market over the next 1-1/2 years following the increase in the debt ceiling, as the Treasury replenishes its diminished cash balance while funding the country’s huge fiscal deficit. There is, however, no shortage of buyers, with money market funds leading the way. Armed with a record $7.4 trillion in assets as of July 1, money funds, which invest in short-term, low-risk securities such as Treasury bills and repurchase agreements, or repos, are ready to take on more supply. The debt ceiling increased by $5 trillion to $41.1 trillion two weeks ago following the signing into law of the "One Big Beautiful Bill." The Treasury’s operating balance had dropped to $313 billion on July 3, data from money market research firm Wrightson ICAP (LON:NXGN) showed, the day before President Donald Trump’s tax and spending bill was enacted. Treasury bills are critical to financial markets and the broader economy, given their role as safe and liquid assets, and are a key tool for funding government spending. In turning to short-term debt to fill its coffers, U.S. Treasury Secretary Scott Bessent had said it does not make sense to increase long-term bond sales at current interest rates. The Federal Reserve has kept the benchmark federal funds rate in the 4.25%-4.50% range since December. J.P. Morgan, Barclays, and TD Securities have estimated new issuance of Treasury bills alone over the next 18 months of between $900 billion and $1.6 trillion, higher than their initial projections before the debt ceiling resolution. "It sounds like a large amount of issuance coming from the Treasury, but we welcome it and feel that we will have no trouble accommodating it," said Susan Hill, senior portfolio manager and head of the government liquidity group at Federated Hermes (NYSE:FHI), with assets under management of $631.1 billion. The firm has a suite of government and prime money market funds. Bank estimates on short-term supply over the next 1-1/2 years, however, paled in comparison to Treasury bills issued following the last debt ceiling saga two years ago. The Treasury had issued $1.1 trillion in three months from June 2023, as it reloaded its cash account that had dwindled to just $23 billion. Lou Crandall, Wrightson’s chief economist, said the Treasury is in a much stronger position now than in 2023. "The debt ceiling impasse didn’t go down to the wire this time, so they’re starting out with $300 billion more in cash," said Crandall, providing ample cushion for the Treasury. Still, this year’s projected T-bill supply exceeds that of past debt ceiling events. In 2011, the Treasury issued about $300 billion in T-bills in the months following the debt limit increase in August 2011. In 2013, the Treasury issued roughly $400 billion in bills by the end of that year. Fast forward to 2025, and bank estimates of additional T-bill supply for the next five months ranged from $650 billion to $830 billion. RAMPING UP; REVERSE REPO DECLINE With the spending bill’s approval, the Treasury last Tuesday raised the size of last week’s four-week and eight-week bill auctions by a larger-than-expected $25 billion each to $150 billion for both offerings. It also announced another $225 billion in three T-bill auctions scheduled this week. Those increases are likely to represent the bulk of adjustments for bill auction sizes for July, although the Treasury might not be quite done yet. "There’s plenty of money market funds that had been avoiding maturities like those on August bills (due to the debt ceiling restrictions), so that part of the curve is going to be pretty well subscribed," said Jan Nevruzi, U.S. rates strategist, at TD Securities. There is just one hitch. The Fed’s overnight reverse repo (RRP) facility, where money market funds park their excess cash, has fallen sharply to $182 billion as of July 11, from a peak of $2.5 trillion in December 2022. Without that excess cash sitting in RRPs, market participants wondered how money funds would absorb more Treasuries if they are fully invested. In 2023, money funds used that buffer sitting in RRPs to buy a deluge of T-bills in the market. In a reverse repo, investors lend overnight cash to the Fed at a 4.25% interest rate in exchange for Treasuries or other government securities, with a pledge to buy them back. The Fed’s ongoing quantitative tightening, a process that shrinks its balance, allowed Treasuries and mortgage-backed securities to mature without reinvestment. That drained liquidity from the financial system and reduced excess cash that previously flowed into RRPs. Analysts, however, said money market funds will likely reallocate out of regular repos into T-bills. Repos have grown to 37% of money funds’ assets, J.P. Morgan said in a research note. "The overall portion of money fund investments in the repo market is still quite large, so it becomes more of a decision of going out of that normal repo transaction into Treasury bills if the value is there," said Hill of Federated Hermes. Currently, three-month T-bills are yielding 4.353%, higher than the Secured Overnight Financing Rate, a repo rate, of 4.31%. Money market yields are 170 basis points higher than bank deposits, a historically wide spread, wrote Samuel Earl, U.S. rates strategist at Barclays. Households, which have $10 trillion in time deposits and savings accounts, are likely to continue to move deposits at banks into money funds, he added.

Click Subscribe. #TBills #MoneyMarket #Investing #FinanceNews #EconomicAnalysis

#TBills #NationalDebt #Bonds

Foreign central banks are becoming more worried about their investments in US treasury bills as the Senate looks at adding debt. This on top of tariffs is spooking governments everywhere except the White House. #debt #tbills #bbb #rok #usa

Global government issuance of US dollar debt tumbling in 2025, data shows (Reuters) -Governments in Asia and Europe are raising far less debt in U.S. dollars than usual, preferring to issue at home as they avoid exposure to rising U.S. yields, currency volatility and broade...

Global government issuance of US dollar debt tumbling in 2025, data shows

ca.finance.yahoo.com/news/global-...

#TBills #SovereignDebt #inflation #interestrates #trade #BalanceOfPayments #investment #growth #US

A shortage of U.S. dollars has occurred which, if left unchecked, could cause settlement failures in the banking system leading to ripple effects across the economy.

#dollar #USD #CentralBank #FederalReserve #Fed #economy #bonds #tbills

The downfall of th #US. The world stops buy #TBills. The Federal Defict swells as interest rates go over 5% because #Republicans continue to irresponsibly give #raxcuts to the #Rich. #Scientists go to othe countries as the US stops supporting research here. The #Trump makes the US a has been power

Of course there's no deal with China.
China owns huge amount of #TBills and relies on US for only 18% of their exports.
Why on earth would they possibly acquiesce to Trump's ridiculous & economically illiterate tantrums?

Trump says US may have less debt than thought because of fraud U.S. President Donald Trump on Sunday said his administration was examining U.S. Treasury debt payments for possible fraud and suggested that the country's $36 trillion debt load might not be that...

Trump calling US debt into question, thus attacking the #TBills
www.marketscreener.com/news/latest/...
www.staradvertiser.com/2025/02/09/b...

I think I said this was going to be the play back when he first announced his stupid tariffs. You don't fuck with the people who hold your debt, because that's their nuclear option. #tariffs #bonds #nasdaq #tbills

Is China dumping U.S. Treasuries? By Investing.com Is China dumping U.S. Treasuries?

Is China dumping U.S. Treasuries? #tbills #tariffs

www.investing.com/news/economy...

With Elmo and the Incels (have to trademark that as a band name) running loose, how safe are accounts at Treasury Direct now? #doge #savingsbonds #tbills #treasurynotes

Deadbeat Don trying to shirk his debts again; this time would cause depression #Tbills #nationaldebt

Trump says US may have less debt than thought because of fraud U.S. President Donald Trump on Sunday said the United States may carry less debt than thought and said it could be because of fraud related to debt payments.

Next up: What are US treasury bonds anyway and what is the quickest way of reducing their value to next-to-nothing? And why will that lead to global economic collapse immediately?
#Tbills
www.reuters.com/markets/us/t...

#Musk takes over #Treasury payment system with recent high school grads. Are you sure your government #bonds and #Tbills will be repaid?

👀 #tbills #treasury #payrolls