Recently, the U.S. Treasury auctioned the 30-year termU.S. TreasuriesHuge concerns and concerns have been raised. Auction,U.S. TreasuriesThe tail of the bodySpreadsReached an all-time high, which means:Investmentsfor purchasesU.S. TreasuriesInterest has plummeted, and the U.S. Treasury is facing an additional burden to pay higher interest rates. The highest acceptable yield for this auction was 53 basis points, a serious warning to people. It was once seen as "risk-free."Investmentsproducts".U.S. Treasuries, is gradually losing its fabulous aura. LiquidityNervous, sluggish demand,U.S. TreasuriesThere are huge challenges ahead. In this 30-year periodU.S. TreasuriesAt the auction, nearly 1 out of 4 of the shares of bonds accepted were not subscribed by buyers, which is a worrying signal. Both at home and abroad,InvestmentsYesU.S. Treasuriesdemand has dropped significantly. This brings people to the question ofU.S. TreasuriesConcerns about the imbalance between supply and demandU.S. TreasuriesofLiquidityIt's getting worse and worse, and the future takers will face huge challenges.
U.S. TreasuriesThe market has always been considered "risk-free."Investmentsproducts", but the recent situation showsInvestmentsseems to be re-evaluating the rightU.S. Treasuriesviews. In the past, due toU.S. TreasuriesWith highLiquidityand good security to holdU.S. TreasuriesNot only will there not be much risk, but there will also be a certain amount of gain, thereforeU.S. TreasuriesIt has always been favored. However, withU.S. TreasuriesThe growing size and tight financial situation of the United States, people are concernedU.S. Treasuries's concerns continue to deepen. InvestmentsThey withdrewU.S. Treasuriesmarket, led toSupply and demandreversal. In order to continue to attractInvestmentsThe United States had to take over the market, and the United States had to further improveU.S. TreasuriesYield. However, even the last 30-year periodU.S. TreasuriesThe winning interest rate has reached 4769%, there is still a share of nearly 1 in 4 without buyers, which indicates that people are interested inU.S. TreasuriesConcerns have reached a new level. "Risk-freeInvestmentsWhether the myth of "product" can continue has become a vast numberInvestmentsThe focus of attention.
Currently, the United StatesFiscal deficitsThe problem is getting worse, and fiscal revenues are far below expenditures, so they have to keep borrowing to cover the fiscal shortfall. This leads to:U.S. TreasuriesThe scale has increased dramatically, and it has now reached the scale of 33 trillion dollars. However, withU.S. TreasuriesThe scale continues to expand, and the market is forU.S. TreasuriesThere is also a growing concern. It used to beU.S. TreasuriesThe central banks of the main holders are also reducing their pairsU.S. TreasuriesEven Japan, the largest foreign creditor of the United States, has reduced its holdings to the lowest level in recent years. The decline in market demand has made itU.S. TreasuriesThe pressure to take over is increasing, and the United States has not taken corresponding corrective measures, but has continued to expand the scale of debt. AlthoughU.S. TreasuriesIt is still considered "risk-free."Investmentsproduct", but holdsU.S. TreasuriesThe risks are increasing, and the myth is inevitable.
FourthU.S. TreasuriesThe market impact caused by the auction has been in recent daysU.S. TreasuriesThe unsuccessful auction has raised concerns in the market. This 30-year periodU.S. TreasuriesThe end of the auctionSpreadsA record for the sale, indicating that the auction was not popular with people buyingU.S. Treasuriesinterest declined, and at the same time the US Treasury had to pay higher interest. In this auction, there are nearly 1 4 30 yearsU.S. TreasuriesThe share was not subscribed by buyers, and the demand dropped significantly. The allocation ratio for domestic direct bidders was 1516%, the lowest in the past six auctions, while the allocation ratio of overseas central banks and other institutions is 601%, which is also lower than the average of the last 6 auctions. This means that both domestically and abroad, forU.S. Treasuriesdemand has dropped significantly. The U.S. Treasury continues to issue debt aggressively, butLiquidityThe tense situation makes:U.S. TreasuriesIt's getting harder and harder to sell. However,U.S. TreasuriesIt has always been regarded as "risk-free."Investmentsproduct", due to itsLiquidityHigh and safe in the past. Nowadays,InvestmentsGrowing concerns have led to a decline in market demand and an oversupply situation. This concern also triggered a rise in U.S. stocks, with the three major stock indexes falling nearly 1%. Currently, the market is interested in:U.S. TreasuriesConcerns are deepening, thoughU.S. TreasuriesStill considered "risk-free."Investmentsproducts", but its risk is gradually increasing, and it looks "risk-free."InvestmentsThe myth of "product" may be about to be shattered.