Japanese Finance Minister Katsunobu Kato: Japan's huge holdings of U.S. Treasury bonds can be one of the tools used in trade negotiations.
The "US bond sell-off" trade that swept the market earlier in April is likely to deal a lasting blow to investors' willingness to hold the US government's longest-dated bonds, the mainstay of the government's deficit financing vehicle. The problem for bond managers at BlackRock, Brandywine Global Investment Management and Vanguard is that as US President Donald Trump approaches 100 days in office, he has created a growing number of unknowns, forcing traders to focus on how interest rates could.....
Yields on 10-year Treasuries rose while yields on 2-year Treasuries fell as investors worried about the fate of Federal Reserve Chairperson Jerome Powell while the trade war weighed on market sentiment. The leading indicator of the U.S. Conference Board deteriorated for the fourth straight month in March. Trump used social media to call for a rate cut and criticize Powell, heightening fears of dovish intervention. Data from the US Treasury due on Wednesday is expected to show whether foreign inv...
Market news: European financial regulators question the safe-haven status of U.S. Treasuries.
The global trade situation continues to be tense, and Powell refuses to rescue the market! The golden day skyrocketed by more than 100 dollars to a new high; the US Treasury put pressure on Iranian oil again, and OPEC received eight compensatory production reduction plans... What major events happened around the world yesterday and this morning?
1. Deputy US Treasury Secretary: Discussing the applicability of SLRs to the US Treasury market. 2. The US dollar and US Treasuries may rebound after the recent sell-off. 3. Reducing its holdings of long-term US Treasuries is BlackRock's firmest view. 4. JPMorgan Chase's neutral proportion of US Treasury customers hit a seven-week high. 5. Brokers issued bonds intensively, and the scale of securities companies' bond issuance has exceeded 300 billion yuan this year. 6. Invesco: The slump in US Tr...
Dimon, chief executive of JPMorgan Chase, said the "deleveraging" process of US Treasuries may now be somewhat over. "Decoupling from China should not be the goal".
JPMorgan Asset Management said US Treasuries may have bottomed out now amid signs of strong foreign demand and expectations that the Federal Reserve will support US government debt if necessary. Bob Michel, global head of fixed income, said: "I feel good that we are investing low prices and high yields here."
The 30-year Treasury yield climbed 10 basis points to 4.84%.
On April 9, BitMEX co-creator Arthur Hayes wrote that if the US Treasury decides to cancel the upcoming 10-year and 30-year Treasury bond auctions, it is a covert money printing act because he will instead consume the TGA (Treasury General Account). This is a simple intermediate step that can quell the chaos before "coward" Powell performs his duties. Arthur Hayes tweeted a summary of a Bloomberg article,...
U.S. Treasury yields fell slightly, with the 10-year Treasury yield falling 10.9 basis points to 3.946%.
On March 26th, according to CoinDesk, citing rwa.xyz data, the market value of tokenized US Treasury bonds exceeded $5 billion for the first time, increasing by $1 billion in just two weeks, mainly from the BUIDL products issued by BlackRock and Securitize. Fidelity is applying to launch a tokenized money market fund on Ethereum, claiming that RWA can improve capital efficiency and be used to meet margin requirements.
Henry Allen, an analyst at Deutsche Bank Research, said in a note that a further sharp steepening of the US Treasury yield curve is entirely possible. This steepening - that is, the widening gap between short- and long-term yields - could be due to a fall in short-term yields or a rise in long-term yields. The macro strategist said the Fed still plans to cut interest rates further, with its dot-plot forecast showing another cut this year...
The US Treasury has expanded financial monitoring of cash transactions. Starting April 14, money service businesses in 30 zip codes in California and Texas must report cash transactions of $200 or more to the Treasury Department. The policy has raised questions about whether it could expand to crypto...
February was the busiest month on record for the US Treasury market, according to financial analyst Crisil Coalition Greenwich, with trading buoyed by uncertainty surrounding Mr. Trump's tariff policy and increased bets on the Federal Reserve to cut interest rates. Kevin McPartland, head of market structure research at the firm, wrote in a note: "Whether they will increase tariffs, inflation surprises and the expected recovery in rate cuts keep investors and traders busy." Average daily nominal ...