🗽 US Treasury pushes markets with liquidity
Arthur Hayes believes the US Treasury Department is again supporting market liquidity, this time through the purchase of long-term Treasury bonds. Recent purchases totaling about $20 billion have led to lower yields on 10-year bonds and a rise in Bitcoin. If authorities begin to use reserves more actively, including the roughly $1 trillion TGA, it could become a strong catalyst for BTC. The most optimistic scenario is unlimited bond-buying when yields are above 5%.
$BTC
$ETH
$USDC
Arthur Hayes believes the US Treasury Department is again supporting market liquidity, this time through the purchase of long-term Treasury bonds. Recent purchases totaling about $20 billion have led to lower yields on 10-year bonds and a rise in Bitcoin. If authorities begin to use reserves more actively, including the roughly $1 trillion TGA, it could become a strong catalyst for BTC. The most optimistic scenario is unlimited bond-buying when yields are above 5%.
$BTC
$ETH
$USDC
