China has urged its banks to curb their exposure to US government debt, citing market volatility and growing financial and geopolitical risks, Bloomberg has reported citing people familiar with the matter.
Chinese regulators have instructed large banks to stop adding to already heavy positions in US government debt and to reduce exposure where it has become excessive ... of US debt has become a liability.
With US national debt projected to hit $3T, the case for Bitcoin as a hedge against currency debasement is stronger than ever ... The US national debt isn’t just growing ... As the US debt clock ticks ...
The former president’s comments emerged during a recent economic policy forum, where he argued that lower borrowing costs would fundamentally alter the United States’ debt trajectory ... debt adds complexity to the rate cut proposal ... debt?.
Tether's USDT reserves hit a record $193 billion, including $141 billion in direct and indirect U.S. Treasury exposure. The post Tether NetsRecordProfit as US DebtHoardHits $141 Billion appeared first on BeInCrypto ... .
Some European policymakers have floated the idea of selling off US debt as a way of combating US belligerence, but it may be much more difficult in practice ... .