比特币橙子Trader|Aug 19, 2026 14:25
The bond market has started to pressure the United States to take action, which is positive for Bitcoin and gold!
The yield of the 30-year treasury bond bond of the United States just hit 5.327%, the highest in 19 years. The US Treasury Department immediately announced:
We will directly raise the single repurchase ceiling of long-term treasury bond of 10-20 and 20-30 years from US $2 billion to at least US $4 billion.
After the news came out, the 30-year yield quickly fell back and the US dollar also weakened. To put it simply, if long-term interest rates continue to rise like this, the United States cannot bear it anymore.
And now it's not just a problem for the United States. The 30-year treasury bond bond yield of the United Kingdom has approached 6%, the long-term financing cost of France has risen to the highest level since the financial crisis, and Germany and Japan have also reached positions that have not been seen in decades or even decades.
The logic behind it is actually very simple: the government deficit is getting bigger and the debt is getting more and more, AI companies are crazily issuing bonds to grab capital this year, and coupled with the inflation risks brought by war and oil prices, the world suddenly realizes that long-term funds are not enough, and if they want to borrow money, they have to pay higher prices.
So I think today's move by the Ministry of Finance is quite interesting.
Strictly speaking, it is not QE because it is not the Federal Reserve printing money to buy bonds. The bonds repurchased by the Ministry of Finance ultimately rely on new bond issuances for financing, but the market is not stupid at all. What it sees is:
When the 30-year interest rate surged above 5.3%, the United States had already begun to proactively increase liquidity and reduce financing pressure in the long-term bond market.
However, the US treasury bond has approached 40 trillion US dollars. While continuing to issue bonds to fill the deficit, it cannot stand the high long-term interest rate.
High interest rates continue to hold on, and government interest rates, corporate financing, housing loans, and stock valuations are all being beaten together. If long-term interest rates are really lowered, the market will start trading again, and the purchasing power of the US dollar and fiscal credit will be slowly diluted.
If the world enters an era where government debt is increasing, capital is becoming more expensive, and eventually we have to find ways to reduce financing costs, assets that cannot be easily increased in supply will become increasingly valuable.
Ordinary people may not have the ability to solve $40 trillion in debt, but they can at least decide whether the things they hold in their hands will be diluted together.
So, favorable for Bitcoin and gold, no one has the ability to solve $40 trillion in debt, but everyone has the ability to choose what to hold without dilution.
Buying more Bitcoin is the best choice!
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