Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
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

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.

0

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

Dive into Pi Network’s Latest Protocol 23 Tests for Improved Efficiency

In Brief Pi Network intensively tests Protocol 23, aiming for improved efficiency and scalability. Tests focus on minimizing errors and include decentralized exchange and AMM features. Pi Coin experiences volatility, with potential value loss without supportive measures.

Cointurk2025/10/09 11:00
Dive into Pi Network’s Latest Protocol 23 Tests for Improved Efficiency

Cynthia Lummis Pushes Bitcoin Tax Relief for Daily Use

Senator Cynthia Lummis backs a de minimis tax exemption for small Bitcoin transactions, aiming to ease crypto use for everyday spending.Encouraging Public Action on Crypto PolicyA Step Toward Mainstream Crypto Usage

Coinomedia2025/10/09 10:51
Cynthia Lummis Pushes Bitcoin Tax Relief for Daily Use

Pump.fun Dominates Solana Memecoin Launches

Pump.fun now powers 80% of new Solana memecoins using its one-click minting and locked liquidity model.Why Is Pump.fun So Popular?The Impact on Solana’s Ecosystem

Coinomedia2025/10/09 10:51
Pump.fun Dominates Solana Memecoin Launches