Matt Seigel: The proportion of short-term US treasury bond bonds is too high, promoting Bitcoin as a hedging tool
According to Bitcoin News on the X platform, Matt Seigel of VanEck said that the US Treasury finances US debt through short-term treasury bills, which currently account for 23% of tradable debt, higher than the 15% to 20% range recommended by the borrowing advisory committee of the Treasury. Matt Seigel stated that this increases the cost of maintaining high interest rates and puts pressure on the US dollar. VanEck stated that there has been a negative correlation between Bitcoin and the US dollar over the past 15 years. VanEck believes that this trend points to lower real interest rates, a structurally weaker US dollar, and support for Bitcoin as a hedging tool.