tga

Next week, a $165 billion 'tsunami' of U.S. Treasuries is about to sweep the market, is Bitcoin's lifeline really going to snap?
This is not the starting point of the market, but possibly the eve of a storm. An epic wave of U.S. Treasury issuance is surging in.
$125 billion in Treasury bonds, intensive bidding next week!
Monday: $58 billion (3-year)
Wednesday: $42 billion (10-year)
Thursday: $25 billion (30-year)
In addition to the nearly $40 billion in corporate bonds expected by the market, the demand for $165 billion in funds will all be compressed into a trading week shortened by holidays.

Tiezi's sentence came out, 20 years, a very heavy sentence, usually a life sentence does not necessarily require a full 20 years. Tiezi was born in 1977, if he could live to see his full sentence, he would be nearly 70 years old by then, and his life would be over.
Tiezi was charged with a lot of crimes, but if you combine them together they are bribery and accepting bribes.
According to the public verdict, Tiezi paid 3 million yuan in bribes to become the national team coach, of which 1 million yuan was paid by himself and 2 million yuan was paid by the Wuhan club. After becoming the national team coach, Tiezi used his power to collect 50.89 million yuan in 2 years, a return on investment of nearly 17 times. I didn't expect that there would be so much room for rent-seeking as a head coach. No wonder people would try their best to get it.

To determine whether cryptocurrencies can withstand the liquidity tightening triggered by the TGA replenishment of the U.S. Treasury's general account in 2025, it is necessary to analyze it from three dimensions: the essence of the mechanism, differences in market environments, and the specificity of transmission paths. This funding recovery involving $500 billion to $600 billion is by no means a simple 'extraction', but rather an extreme test of market resilience in the context of multiple buffer mechanisms failing.
1. TGA replenishment: A qualitative change from 'gentle adjustment' to 'hardcore liquidity extraction'
The operational logic of the TGA account is not complicated: when the cash balance of the Treasury in the Federal Reserve's account is below the target (the 2025 target is about $850 billion), the Treasury needs to issue short-term Treasury bills to 'replenish'. The money investors use to buy Treasury bills essentially moves from the financial market to the TGA account, directly resulting in a decrease in funds available for free flow in the market.