CryptoSlate

How $739B in new US debt could absorb crypto’s liquidity before buybacks even reach Bitcoin

How $739B in new US debt could absorb crypto’s liquidity before buybacks even reach BitcoinWorldPing

The US Treasury expects to borrow $739 billion from July through September while paying investors to hand back some of its older bonds. The pairing looks self-defeating because both transactions involve the same issuer.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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Brief by WorldPing · Original reporting by Bitcoin.com