🚨 U.S. Treasury just raised its Q3 borrowing estimate to $1.007 trillion — up $453B from April’s forecast.



Why?
Lower starting cash and weaker-than-expected net inflows.
Add another $590B expected in Q4, and we’re looking at $1.6T+ in new debt just in the back half of 2025.

In contrast, Q2 borrowing was just $65B — dramatically undershooting forecasts thanks to tight cash management.

What does this mean?

The U.S. is entering a phase of rapid re-leveraging into year-end.
Higher issuance = upward pressure on yields.
And for crypto markets? Liquidity dynamics will matter more than rate guidance.

Ignore the rates. Watch the balance sheet.
#USTreasury # DebtIssuance #Macro # Bitcoin #CryptoMarkets # LiquidityWatch #YieldCurve # FiscalPolicy
WHY6.48%
NET1.07%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)