<\/p>\n
Banking giant ING just issued a major warning on BRICS and the future of the U.S. Treasury market.<\/p>\n
The bank says<\/a> the economic alliance is \u201cquietly leaving\u201d the market, as the nations\u2019 holdings of U.S. Treasuries continue to move lower.<\/p>\n Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em> \u201c\u2026One enduring trend is the continuing fall of Treasury holdings amongst the BRICS nations. <\/em><\/p>\n In October, these were China (-$11.8 billion), India (-$12 billion) and Brazil (-$5 billion). Across the foreign official sector, foreign official holdings of Treasury Bonds and Notes were off $22 billion, though partially offset by a $14 billion increase in T-bill holdings.\u201d<\/em><\/p>\n Although the sell-off is happening among leading BRICS nations, ING analysts believe India\u2019s Treasury sales in particular are related to efforts to support the rupee along with \u201cgeopolitical factors.\u201d<\/p>\n So far, the bank says the private is picking up much of the slack as BRICS nations sell their exposure.<\/p>\n \u201c\u2026This year has shown that the private sector is more than willing to buy Treasuries and our call for a weaker dollar in 2026 is based on foreign investors increasing their hedge ratios on US assets rather than selling them outright.\u201d<\/em><\/p>\n As for the strength of the dollar, ING says it\u2019s proving \u201csurprisingly resilient\u201d after newly released CPI data surprised analysts with a lower than expected print on year-over-year inflation.<\/p>\n \u201cIt may be that the numbers seem too good to be true, which prevented a bigger reaction in FX and interest rate markets. In fact, two-year US Treasury yields ended yesterday\u2019s session unchanged on the day. However, the data leaves the idea of Fed cuts in 2026 intact, with the market now anticipating one 25 basis point cut by April and another by September.\u201d<\/em><\/p>\n Follow us on X<\/a>, Facebook<\/a> and Telegram<\/a><\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Banking giant ING just issued a major warning on BRICS and the future of the U.S. Treasury market. The bank says the economic alliance is \u201cquietly leaving\u201d the market, as the nations\u2019 holdings of U.S. Treasuries continue to move lower. Follow us on X, Facebook and Telegram Don’t Miss a Beat \u2013 Subscribe to get […]<\/p>\n","protected":false},"author":2,"featured_media":414718,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-414713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/414713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=414713"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/414713\/revisions"}],"predecessor-version":[{"id":414721,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/414713\/revisions\/414721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/414718"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=414713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=414713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=414713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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