🇺🇸 INSIGHT: James Lavish says the U.S. Treasury is pushing for rate cuts because with so much government debt in short-term T-bills, every 25bp cut reduces annual interest costs by about $25 billion. https://t.co/hZSCTyFaR3 ...

So Jeffrey, you you so rightly told me last time that you were looking for a steeper yield curve. Um, and it's exactly what what we've gotten as you alluded to that. Why do you think rates have backed up on the long end the way that they have >> people are worried about the interest expense on the Treasury debt and they're worried about the fact that the budget deficit is 6.2% 2% of GDP while we're in an extended economic expansion.So they're worried that the interest expense is going to be out of control b ...

Market Demand for BTC Exposure - Money market funds, short-term T-bills, commercial paper, and USD bank accounts show the highest demand for BTC exposure [1] - These are short duration capital sources with low/no lockup, yield-starved in real terms for decades [1] - The total addressable market (TAM) is $329 trillion [1] Investment Preference - Offerings with the shortest effective duration appear to have had the largest initial IPO, indicating a preference for shorter-term investments [1]

RT Bridget (@bridge__harris)A "stablecoin bank" could take many diff forms, but the one we explored in the piece resembled a narrow bank where deposits are 1:1 backed with T-bills --- Customers could automatically earn T-bill yield on their deposits- Credit issuance itself could be done in stablecoins- From a UX perspective, customers would still just be tapping a piece of plastic ... when a customer spends at a retailer, it would functionally just be sending money from one wallet to another.The challenges ...