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Fast Take
In 2022, the worldwide bond market reached a staggering $133 trillion in measurement. Apparently, the US accounts for a good portion of this market, with its bond market totaling $51.3 trillion, or 39% of the worldwide complete, based on 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 essential to notice that the $51.3 trillion determine represents the general measurement of the US bond market, together with authorities debt and debt issued by companies, municipalities, and different entities, based on 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 belongings house, a latest comparability of the efficiency of the most important US bond ETFs and Bitcoin ETFs reveals an intriguing development. Information shared by HODL15Capital, 9 of the most important US bond ETFs, with belongings totaling round $450 billion, are all at present experiencing both unchanged or destructive year-to-date returns. In distinction, the 4 largest Bitcoin ETFs have recorded a powerful 44% acquire over an identical interval, although their belongings stay comparatively small in comparison with the bond ETFs.
Disclaimer: The data supplied by HODL15Capital is predicated on information as of Apr. 5.
The put up United States holds the most important slice of the worldwide bond market pie appeared first on CryptoSlate.
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