The auction of Wednesday of American cash tickets of 10 years has undermined the account that investors move away from the debt of the American government, the foundation of global finance and pay money instead in Bitcoin
and gold.
The sale of $ 22 billion in 30 -year bonds can provide additional indices on investors’ confidence in US President Donald Trump’s tax policies since he launched the World Trade War in early April and helps report whether tickets lose their sparkle as the first fixed income instrument supported by the deepest and low credit risk.
During the auction of June 11 auction, the demand of $ 39 billion in 10 -year tickets, which offered a yield of 4.421%, exceeded the supply of more than 2.5 times, according to sos, and disassembly of the main concessionaire would have only been 9%, the fourth lower ever recorded. It is a sign that investors have made most heavy purchases. Primary dealers are the institutions authorized by the Central Bank to negotiate government obligations, and the withdrawal refers to the amount of the newly issued debt they absorb.
Worsen the debt situation
In June, the total American raw national debt exceeds 36 billions of dollars, or more than 120% of the gross domestic product (GDP) in the country.
The deficit, or the excess public spending on income, was $ 1.8 billion in 2024. The figure should increase by 2.4 billions of dollars in the coming years due to Trump tax reduction plans. Currently, the United States pays $ 1 billion as a debt service cost.
The new program is therefore more likely to exacerbate the problem and has several analysts pointing towards bitcoin and gold as a coverage against the budgetary crisis.
