$202B US Treasury settlement hits Sept. 30, with possible spillover into Bitcoin
- —US Treasury coupon settlement on Sept. 30 totals $202 billion
- —Net new supply after $143.58 billion of maturities is $58.42 billion
- —SOFR stood at 3.88% on Sept. 24, below the Fed's 3.90% reserve rate
- —The New York Fed plans $15.6 billion of reinvestment purchases from Sept. 15 to Oct. 14
Why it matters: A quarter-end repo spike could tighten liquidity and pressure Bitcoin funding, though any direct link remains unproven.
Source: CryptoSlate