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US Treasuries remain irreplaceable for liquidity despite rising gold reserves by central banks.

Market News
15 Sep 2026
Seeking Alpha
View Source
Neutral
US Treasuries remain irreplaceable for liquidity despite rising gold reserves by central banks.

US Treasuries continue to hold a unique position in global reserves due to their unmatched liquidity, while gold serves as a hedge against custodial and jurisdictional risks. Despite claims of de-dollarization, no other sovereign bond market offers the same liquidity or capacity for large-scale allocations as US Treasuries. Central banks' increased gold holdings reflect a need for insurance, especially after asset freezes following the Ukraine war, rather than a move away from Treasuries. In times of economic scarcity, the preference for Treasuries' liquidity over gold underscores their essential role in reserve management.

US Treasuries and gold as complementary hedges provide context for Pluang's market snapshot. Of 150 US stocks priced on Pluang, 48 rose and 102 fell as of Sep 16, 2026 01:31 WIB. Notable movers include Li Auto Inc at USD 11.80 (-3.04%), ConocoPhillips at USD 140.78 (+3.01%), and GE Aerospace at USD 308.11 (-2.98%).

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