Macro EconomyMedium24 September 2026
2 min read

Central Bank Demand for US Treasuries Plunges 80% as Gold Interest Rises

Key Facts

1Global central bank demand for US Treasury bills has collapsed by 80% as preference shifts toward gold.

In a move reflecting a shift in global hedging strategies, demand from central banks for US debt instruments has seen a significant decline. According to reports, global central bank demand for US Treasury bills has collapsed by 80%, as the preference increasingly shifts toward gold as an alternative reserve asset. This collapse in demand reflects a desire among international monetary institutions to reduce reliance on US dollar-denominated assets amid changing global economic conditions.

This shift comes at a time when market data indicates pressure on sovereign bonds alongside divergent monetary decisions, with reports suggesting this trend is a strong macro signal that could pressure Treasury prices and support gold. Based on the available facts, the 80% drop in purchases reinforces concerns regarding the diminishing appeal of US debt in favor of traditional safe havens, pointing to a broader diversification strategy away from conventional government bonds.

Looking ahead, traders are closely monitoring additional data on foreign capital flows and their impact on yield stability. With real-time price data currently unavailable, focus remains on inflation and economic growth reports, as previous data showed the Eurozone inflation rate at 103.69 as of September 17, 2026, which may influence central bank decisions regarding future reserve allocations.