Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Arthur Hayes: U.S. Treasury Secretary Yellen may launch a massive liquidity injection plan, accelerating the return of the crypto bull market

Arthur Hayes: U.S. Treasury Secretary Yellen may launch a massive liquidity injection plan, accelerating the return of the crypto bull market

Bitget2024/04/26 06:21
By: Bitget
BTC-0.35%

On April 26, BitMEX co-founder Arthur Hayes posted on social media that with the U.S. Treasury Department's expected tax revenue to add about $200 billion to the Treasury General Account (TGA), U.S. Treasury Secretary Janet Yellen is likely to inject a large amount of liquidity into the market when announcing the second quarter 2024 treasury bond issuance plan next week. Hayes proposed three possible options: First, stop issuing treasury bonds and reduce TGA to zero, which would inject $1 trillion in liquidity into the market; Second, transfer more borrowing to short-term treasury bills, thereby withdrawing $400 billion from overnight reverse repurchase agreements (RRP) and injecting liquidity into the market; Thirdly, combine both methods by not issuing long-term bonds but only short-term treasury bills while consuming both TGA and RRP which would inject $1.4 trillion in liquidity into the market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

XRP Price Stuck at $0.54, LINK Awaits Confirmation, While BlockDAG’s TGE Code Unlocks $0.0012 Entry For Holders!

Analyze why XRP stays near $0.54, Chainlink awaits breakout, and BlockDAG GENESIS rewards early presale holders at $0.0012. See why the limited seats are causing massive hype!BlockDAG’s GENESIS Event Locks $0.0012 EntryXRP Future Outlook: Can Legal Wins Fuel Sustainable Growth?LINK Price Movement: Support and Breakout WatchFinal Thoughts

Coinomedia2025/10/10 03:45
BTC and ETH ETF Inflows Hit $510M in a Day

BTC and ETH ETFs saw a massive $510M inflow on Oct 8, signaling strong market confidence.Bitcoin Leads the Charge with Strong DemandEthereum Gains Momentum Too

Coinomedia2025/10/10 03:45

Trending news

More
1
From Plunge to Prosperity: Bitcoin and Ethereum’s Stellar Recovery in Market Value
2
Raydium Price Targets $1.50 Zone After 4.55% Drop From $2.83 Level

Crypto prices

More
Bitcoin
Bitcoin
BTC
$121,327.01
-0.59%
Ethereum
Ethereum
ETH
$4,358.03
-2.11%
Tether USDt
Tether USDt
USDT
$1
+0.04%
BNB
BNB
BNB
$1,264.2
-0.83%
XRP
XRP
XRP
$2.82
-0.81%
Solana
Solana
SOL
$221.93
-1.85%
USDC
USDC
USDC
$0.9998
-0.01%
Dogecoin
Dogecoin
DOGE
$0.2521
+1.16%
TRON
TRON
TRX
$0.3369
-1.11%
Cardano
Cardano
ADA
$0.8191
-0.29%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter