Dalio warns US bond bear market is 'far from over'
- —Outstanding marketable US debt stands at $32 trillion, up 8% from a year ago
- —Net new Treasury issuance is projected at $2.1 trillion for the year
- —T-bills account for about 50% of issuance versus a historical norm of 20%
- —Foreign investors hold $9.3 trillion, or 32% of US debt, but are buying more slowly
Why it matters: Rising Treasury yields tighten financial conditions and pressure risk assets, including bitcoin and the broader crypto market.
Source: ChainCatcher 链捕手