🚨 $BTC AND THE TREASURY T-BILL TIGHTROPE — CRISIS UNFOLDING NOW! 💥
📊 The US Treasury has quietly shifted its funding mix — T-bills now represent 21% of tradable securities, nearly matching the pandemic borrowing peak. That's double the 2012-2019 baseline, and if issuance sustains, we're looking at a 25% ratio by 2027, a level not seen since 2004. 📏
💡 Here's the institutional read most retail desks miss: leaning on T-bills instead of long-term debt magnifies exposure to rate volatility, and every hike raises the rollover burden — draining liquidity from risk assets like crypto. 🌊 The 2008 ratio hit 34%, and this funding structure only gets more fragile as the cycle turns.
💬 Are you tracking Treasury auctions as the quiet leading indicator for the next risk-asset squeeze? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Macro #Treasury #DebtCrisis #RiskAssets
🦈 🌊
📊 The US Treasury has quietly shifted its funding mix — T-bills now represent 21% of tradable securities, nearly matching the pandemic borrowing peak. That's double the 2012-2019 baseline, and if issuance sustains, we're looking at a 25% ratio by 2027, a level not seen since 2004. 📏
💡 Here's the institutional read most retail desks miss: leaning on T-bills instead of long-term debt magnifies exposure to rate volatility, and every hike raises the rollover burden — draining liquidity from risk assets like crypto. 🌊 The 2008 ratio hit 34%, and this funding structure only gets more fragile as the cycle turns.
💬 Are you tracking Treasury auctions as the quiet leading indicator for the next risk-asset squeeze? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #BTC #Macro #Treasury #DebtCrisis #RiskAssets
🦈 🌊