Bitcoin traders have spent the past week bracing for the wrong kind of surprise, watching rate-cut bets evaporate as a run of firm labor data pushed the odds of a Federal Reserve hike by year-end toward 85% and dragged the 10-year Treasury yield up near 4.5%. Understandably, it dominates the screens, given how much of the past two years of price action has hinged on the cost of money. But now, a…

The 5-year U.S. Treasury yield reached its highest level in 3 months, but the typical inverse correlation-based price action with Bitcoin might not work this time.

According to the most recent Bank of Ghana report, T-bills were approximately 30% oversubscribed as the government sought additional funding for its immediate obligations. 30% more Ghanaians oversubscribe for T-bills as the government earns GH2.53 billion Bank of Ghana The BoG reports that the treasury market has experienced rising interest rates for a fourth week in a row. The 182-day bill…

What if China dumps its U.S. Treasuries?

BACKGROUND The number erroneously referred to as Federal “debt” is the total of outstanding Treasuries. When you buy a Treasury (T-bill, T-bond, T-note), you add to the so-called “debt.” I say “so-called” because Treasuries are not debts of the United States, nor are they debts of taxpayers. Treasuries are deposits into Treasury Security accounts. They resemble bank safe deposit boxes in that…

Yields Rise as Sell Pressures Hit Bonds, T-Bills

Yields Rise as Sell Pressures Hit Bonds, T-Bills The average yield on the Nigerian Treasury Bills and Federal Government (FGN) bonds rise on Thursday as investors take profit on short-duration instruments. Trading data shows that sell pressures hit the fixed income market, causing the average yield to heat up amidst a slowdown. Lower trading records keep the yield curve flatten as the equity…

How to buy Government bonds in Zerodha?

Before investing in Government securities (G-Secs), let’s first understand the advantages of investing in Bonds or T-Bills. Government securities (G-Secs) with a maturity period greater than one year are called Bonds.Government securities (G-Secs) with a maturity period of less than one year are called Treasury bills (T-Bills). Advantages of investing in Government Securities (G-Secs) No Tax…

How to buy Government bonds (G-Secs) in Zerodha?

Before investing in Government securities (G-Secs), let’s first understand the advantages of investing in Bonds or T-Bills. Government securities (G-Secs) with a maturity period greater than one year are called Bonds.Government securities (G-Secs) with a maturity period of less than one year are called Treasury bills (T-Bills). Advantages of investing in Government Securities (G-Secs) No Tax…