US Treasuries are beginning to be auctioned; what impact will this have on the market?

This week, the United States will auction 3-year, 10-year, and 30-year government bonds. In the current environment of high borrowing costs, selling bonds may reduce the amount of money in the market. If the auction is robust, with strong demand and stable interest rates, market fluctuations will not be too significant. However, if the auction performs poorly, with weak demand and soaring interest rates, the market may fall into panic, fearing issues with US debt. This could lead to a sharp decline in the bond market, affect US stocks, and risk assets like Bitcoin may also suffer, while the dollar's volatility could increase.

However, the recent performance of US bond auctions has been fairly good, especially for the 10-year government bonds, which sold well. It is important to note that domestic buyers in the US are highly enthusiastic, while overseas buyers show little interest. This means that US Treasuries are absorbing more funds from American investors, potentially reducing the available capital in the US investment market.

Next, there will be a sale of 30-year US Treasuries, which will further tighten liquidity, leading to less capital and putting more pressure on the short-term market. In other words, this may compress the upward potential of the cryptocurrency market. #BTC交易