📊 MACRO SNAPSHOT: U.S. DEBT & MARKET LIQUIDITY
The U.S. is entering a major debt refinancing phase.
🔹 Over 25% of U.S. government debt matures within the next 12 months
🔹 This debt must be refinanced through new Treasury issuance
🔹 Current interest rates are much higher than in 2020–21
⚖️ Why markets are watching • Large bond issuance can absorb capital
• Liquidity may tighten across global markets
• Risk assets often react to liquidity shifts, not headlines
📉 What this does NOT mean • Not an immediate recession call
• Not a single crash event
• More likely a gradual liquidity adjustment
📌 Key takeaway In the coming 12–24 months, liquidity conditions may matter more than narratives. Market volatility can rise as capital reallocates toward government debt.
📈 Market snapshot $BTC Perp: 88,927.9 (-0.91%)
ETH Perp: 2,941.68 (-0.76%)
