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$6.4 TRILLION DEBT WALL Hits as Treasury Scrambles

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by ITM Trading
Tuesday, Aug 26, 2025 - 17:06



The U.S. Treasury is staring down a $6.4 trillion refinancing cliff by the end of 2025.

But the usual buyers aren’t lining up.

Foreign central banks once held 34% of Treasuries (2014). Today? Just 21%. After Washington weaponized the dollar against Russia, trust was broken. China has cut its Treasury holdings in half while gold now makes up 7% of its reserves. BRICS are accelerating de-dollarization.

What’s filling the vacuum? Hedge funds, private speculators, and domestic backstops. Social Security alone holds $2.5 trillion in Treasuries. U.S. banks, already sitting on losses, are being nudged to take on even more. And now even stablecoin issuers like Tether own more Treasuries than Germany.

This isn’t policy. It’s cannibalism.

The Fed can’t cut rates without killing demand. It can’t print without torching savings. Either way, it’s a stealth default—paid by you, through inflation.

This is how monetary empires end. Slowly at first… then all at once.

Watch the video above for a full breakdown. 

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