According to The Kobeissi Letter, world central banks are actively diversifying their reserves, with foreign holdings of US Treasuries now at approximately 23% of total US government debt, marking the lowest level in 22 years (source: The Kobeissi Letter, April 27, 2025). This reflects a decline of about 11 percentage points over the past nine years. Simultaneously, central banks have increased their allocation to gold as a percentage of global reserves. These shifts suggest a strategic move away from US dollar assets, potentially impacting Treasury yields, gold prices, and related forex markets. Traders should monitor reserve composition trends for potential volatility in US government bonds and increased bullish momentum in gold markets.

According to The Kobeissi Letter, world central banks have reduced their foreign holdings of US Treasuries to approximately 23% of total US government debt, marking the lowest level in 22 years. This represents an 11 percentage point decline over the past nine years, signaling a major shift in global reserve strategies. Concurrently, gold holdings as a percentage of global reserves are increasing. For traders, these trends may indicate weakening confidence in US debt and a possible rise in demand for alternative assets such as cryptocurrencies and gold, as global reserve diversification accelerates (Source: The Kobeissi Letter on Twitter, April 27, 2025).