Cointime

Cointime

Download App
iOS & Android
Home / Point

Federal Reserve Significantly Reduces Treasury Bill Purchases Again

On May 14, the Federal Reserve announced on Wednesday that it will purchase approximately $10 billion in Treasury bills during this period. This move reflects a further slowdown of the program aimed at lowering short-term financing costs by supplementing reserves in the financial system. According to the New York Fed's official website, its Open Market Trading Desk plans to conduct the aforementioned Reserve Management Purchases (RMP) during the monthly period ending June 11, along with approximately $16.3 billion in reinvestment purchases during the same period. The Federal Reserve unexpectedly halted the reduction of its balance sheet, known as quantitative tightening, at the end of 2025, and instead began injecting liquidity back into the financial system by purchasing Treasury bills maturing within one year. (Dongxin News Agency)

Comments

All Comments

Recommended for you

  • Jensen Huang: If Frontier Labs Can't Control AI, They Must Be Shut Down

    On September 25, in an interview with The New York Times, NVIDIA CEO Jensen Huang stated that if frontier labs cannot ensure AI safety, "we must shut down these labs." Referring to the jailbreak attacks on frontier AI models from companies like OpenAI, Anthropic, Meta, and Google, Huang emphasized that if these labs cannot control their AI experiments, those experiments must cease. He warned that uncontrolled AI agents could lead to civil and criminal liabilities, and the labs must bear the consequences. Currently, concerns surrounding frontier AI labs are seen as "distractions" that deviate from the core issues, and there should not be widespread anxiety; instead, the focus should be on the controllability of the experiments.

  • USD/JPY Short-Term Decline of Over 20 Points

    On September 25, the USD/JPY fell short-term by over 20 points, currently reported at 158.35. In related news, Japanese Finance Minister Shunichi Suzuki expressed concerns over the weakness of the yen, stating that Japan will closely coordinate with the United States on foreign exchange matters.

  • Multicoin Capital: The Arrival of DeFi 2.0 Era Driven by RWA Onboarding

    On September 25, news emerged from a research article by Multicoin Capital, stating that as real-world assets (RWA) such as U.S. Treasury bonds, stocks, and foreign exchange accelerate their onboarding to blockchain, DeFi is transitioning from phase 1.0 to 2.0. Multicoin pointed out that the primitives of DeFi 1.0 (AMM, perpetual contracts, floating rate lending, over-collateralization) were designed for high-volatility, long-tail crypto assets. RWA features low volatility, narrow spreads, duration, high-quality collateral, and institutional participation, which have given rise to DeFi 2.0 primitives such as CLOB order books, RFQ pricing, fixed-rate lending, options, dark pools, and portfolio margining. Many of these primitives have existed for some time but previously lacked suitable assets. Value will be captured along the tech stack: L1/L2 public chains, core financial primitives, DeFi-native prime brokers, and application and order flow layers. Key targets include Pendle, Morpho Midnight, Project 0, and Renegade.

  • 20-Year Japanese Government Bond Yield Hits Highest Level Since May 1996

    On September 25, the yield on Japan's 20-year government bonds rose by 4.0 basis points to 3.955%, marking the highest level since May 1996.

  • Two New ETFs Listed on Hong Kong Stock Exchange Today

    On September 25, the Hong Kong Stock Exchange announced that two new ETFs have been listed today: the Southern Pioneer Technology ETF and the Value Partners Glorious Communications Active ETF.

  • Bullish and Four Other Institutions Form Issuer-Led Tokenized Securities Alliance

    On September 24, CoinDesk reported that Bullish (NYSE:BLSH), along with shareholder services and market infrastructure company Equiniti, has formed the 'Issuer-Led Tokenized Securities Alliance' in collaboration with Alpaca, Apex Fintech Solutions, and DriveWealth. The alliance advocates for tokenized stocks to be directly linked to the issuer's official shareholder register, preserving voting rights, dividends, and corporate action rights, thereby avoiding synthetic products that only provide price exposure without legal rights. Key focus areas include shareholder rights protection, interoperability between traditional and on-chain infrastructure, issuance, transfer, settlement custody, and secondary market trading arrangements. This move follows the U.S. SEC's innovation exemption on September 17, which allows limited on-chain trading of U.S. listed stocks.

  • BP Surges Past $1.26, Setting New Historical Highs with Over 40% Daily Increase

    Market data shows that Backpack briefly surpassed $1.26, setting a new historical high, currently reported at $1.27, with a daily increase of over 47%.

  • Hang Seng Tech Index Intraday Decline Expands to 2%

    On September 25, the Hang Seng Tech Index saw its intraday decline expand to 2%. Xiaomi and Alibaba both fell over 3%.

  • International Oil Prices Drop by 2%

    On September 25, WTI crude oil fell by 2.00% during the day, currently priced at $91.94 per barrel. Brent crude oil has also dropped by approximately 1.8%, now at $98.9 per barrel.

  • Spot Gold and Silver Rise in Short Term

    On September 25, spot gold and silver continued to rise in the short term, with gold reaching $4,290 per ounce, up 0.36% for the day. Silver surpassed $64 per ounce, gaining 0.24% during the day.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company