Crypto Banter(@crypto_banter):China slashed its US debt holdings to $693 billion, the lowest in 18 years. Japan is also selling fast. US still runs huge $2T deficits, so fewer buyers means higher interest rates (30-year at 5.1%). That means costlier mortgages, loans, and everything for Americans. Foreign lenders are pulling back.

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가입 October 2020

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Crypto Banter@crypto_banter

2026.05.18 11:03

China slashed its US debt holdings to $693 billion, the lowest in 18 years. Japan is also selling fast. US still runs huge $2T deficits, so fewer buyers means higher interest rates (30-year at 5.1%). That means costlier mortgages, loans, and everything for Americans. Foreign lenders are pulling back.