Europe just sold almost $9B in U.S. Treasuries, and this move wasn’t about profit. Sweden’s AP7 led with $8.8B, followed by Denmark, challenging the long-held belief that U.S. debt is untouchable.

This feels more political than financial. De-dollarization was once limited to BRICS, but now even Europe — holding around $1.6T in U.S. debt — is showing cracks in confidence.

Markets are starting to react to geopolitics faster than economics, and that shift matters.

$BULLA $ENSO $CLANKER

#Macro #usd #GlobalMarkets #Geopolitics