Recently, the high-level has been in a rowU.S. TreasuriesIt has attracted widespread attention. There are three main reasons: First, there are three main reasonsGeopoliticsfactors, the global situation is changing too fast, for China, too muchU.S. TreasuriesThere is a risk that in the event of an unexpected event, the United States may not meet its debts, resulting in China's holdingsU.S. Treasuriesbecome worthless;The second is the United StatesFiscal deficitsrisks, due to the Fed's constant interest rate hikes, the United States has emerged severelyFiscal deficitscrisis, debt default may occur at any time, China appropriate**U.S. TreasuriesIt is to avoid risks;The third is optimizationInvestmentsstructure, the international financial landscape has changed, and China needs to seek a new oneAsset allocationU.S. TreasuriesAt the same time, other assets are added, such as euros, **, etc., to achieve better risk hedging effect.
Specifically,GeopoliticsThe factor is that the pace of change in the situation around the world has accelerated in recent years, and the risk of non-compliance has also increased. China** in order to avoid over-concentration of national assetsU.S. TreasuriesIn case of major losses in the event of an emergency, ** was takenU.S. Treasuriesmeasures. In addition, the United StatesFiscal deficitshas become a serious problem along withThe Federal Reserve raises interest ratesThe pace is picking upFiscal deficitsThe risks are further increased. China asU.S. TreasuriesOne of the largest holders of the country, it needs to assess the situation and appropriately avoid potential financial risks. In addition, in the face of uncertainty in the financial market, China** also needs to optimizeAsset allocationstructure, which spreads out excess fundsInvestmentsto different assets to reduce risk.
China and Japan are the top two in the worldU.S. TreasuriesHolding countries, in recent years, the two countries are also coincidentally**U.S. Treasuries。Such actions will undoubtedly affect the international capital market pairsU.S. TreasuriesConfidence, yesU.S. TreasuriesThe devaluation has a certain impact. However, it should be noted that China and Japan holdU.S. TreasuriesQuantity relativelyU.S. TreasuriesThat's not a lot in total. China-ownedU.S. TreasuriesThe number only occupiesU.S. Treasuries2. of the total size4%, while Japan has a slightly higher proportion of about 32%。Even if both countries are all **U.S. Treasuries, the impact on the United States as a whole is also limited. In addition, it should be noted that in fact, the United States itself is the one who holds itU.S. TreasuriesThe largest number of countries accounted for more than 70%. theseU.S. TreasuriesPrimarily held by households, individuals, corporations, and ** in the United States. U.S. asset managers are leading the wayInvestments, Fidelity Asset Management, BlackRock**, and the amount held is even more than that of most overseas countries combined. To sum up, although the ** actions of China and Japan will be rightU.S. TreasuriesThere is some impact, but for the United States as a whole, the impact is limited.
China for 7 consecutive months**U.S. TreasuriesFrom an international point of view, the impact on the United States will not be too great. China's actions this year are only insignificant for the United States as a whole, because China holdsU.S. TreasuriesOnly the United StatesU.S. Treasuries2. of the total size4%。On the other hand, the United States itself isU.S. TreasuriesThe largest holding country, with more than 70% of the shares. Therefore, China continues to **U.S. TreasuriesThe impact is limited.
However, this does not mean that the United States can rest easy. AmericanEconomic growthIf the speed is not enough to payU.S. TreasuriesofInterest, will be at risk of defaulting on their debts, similar to that of a businessFunding chainfracture, which in turn leads to bankruptcy. Although the United States has a strong army and the ability to print money, it is not what ifEconomic growthStuck in stagnation,U.S. TreasuriesIt could be a fatal blow to the United States. However, how it develops depends on the specific situation.
7 months in a row**U.S. Treasuries's move has attracted widespread attention. There are three main reasons behind the policy:Geopoliticsfactors bring risks, the United StatesFiscal deficitsissues as well as optimizationsInvestmentsstructural requirements. Although China continues to **U.S. TreasuriesThe impact on the United States is limited, but it is also a reminder thatU.S. TreasuriesThe market is at risk. The United States must remain goodEconomic growthto cope with debtInterestof payment pressure. This question also provides us with reflection on the need to avoid over-reliance on any one type of asset and seek diversificationInvestmentsstrategy to reduce risk. Finally, although the actions of the top are right to a certain extentU.S. TreasuriesThe market has an impact, but it needs to be recognized that the United States itself is holdingU.S. TreasuriesThe most countries, this also illustratesU.S. TreasuriesThe complexity of the market and the diversification of the global financial landscape. For China,**U.S. TreasuriesIt is to avoid risks and adjustmentsAsset allocationstructure, which helps to protect the wealth of the country and optimizeInvestmentsEarnings.