Fast Take
In 2022, the worldwide bond market reached a staggering $133 trillion in dimension. Curiously, the US accounts for a good portion of this market, with its bond market totaling $51.3 trillion, or 39% of the worldwide complete, in keeping with the most recent information from the World Financial Discussion board.
Bond Market Rank
Nation / Area
Complete Debt Excellent
Share of Complete Bond Market
1
US
$51.3T
39%
2
China
$20.9T
16%
3
Japan
$11.0T
8%
4
France
$4.4T
3%
5
United Kingdom
$4.3T
3%
6
Canada
$4.0T
3%
7
Germany
$3.7T
3%
8
Italy
$2.9T
2%
9
Cayman Islands*
$2.7T
2%
10
Brazil*
$2.4T
2%
Supply: weforum.org
Nevertheless, it’s necessary to notice that the $51.3 trillion determine represents the general dimension of the US bond market, together with authorities debt and debt issued by firms, municipalities, and different entities, in keeping with the World Financial Discussion board. In distinction, the US nationwide debt, which refers explicitly to the debt owed by the federal authorities, stands at $34.6 trillion.
Whereas the US bond market continues to dwarf the digital property area, a current comparability of the efficiency of the most important US bond ETFs and Bitcoin ETFs reveals an intriguing development. Knowledge shared by HODL15Capital, 9 of the most important US bond ETFs, with property totaling round $450 billion, are all at the moment experiencing both unchanged or adverse year-to-date returns. In distinction, the 4 greatest Bitcoin ETFs have recorded a formidable 44% acquire over an analogous interval, although their property stay comparatively small in comparison with the bond ETFs.
Disclaimer: The knowledge supplied by HODL15Capital relies on information as of Apr. 5.
The publish United States holds the most important slice of the worldwide bond market pie appeared first on CryptoSlate.
