Global Governments Reduce US Dollar Debt Issuance in 2025

Many countries are borrowing less money in U.S. dollars than before.

This year, the amount of U.S. dollar bonds issued by these countries has decreased.

They prefer to borrow money in their own currencies, possibly because they are worried about the U.S. economy and interest rate changes.

Some countries, like Brazil, are exploring issuing bonds in other currencies like the yuan.

This shift is happening because interest rates are dropping in some countries, and local markets are becoming more attractive to investors.