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President Besentdo's intervention in debt markets, Wall Street's concern about selling America. litres Wen

In recent days, the United States Secretary of State, Vicente, has attempted to contain the soaring rate of return on long-term United States national debt through a series of unconventional initiatives such as joint intervention in the Japanese yen exchange rate and adjustment guidelines for bond issuance. However, as a result of a combination of factors, including widening fiscal deficits, high inflation and policy uncertainty, Wall Street's confidence in the United States debt market has moved, despite the United States Treasury's use of a variety of tools to try to reduce borrowing costs, and the market has been cautious about its effectiveness. At present, the 30-year United States national debt return has risen to over 5 per cent, the highest level since 2007, influenced by such factors as the high energy costs driven by geo-conflicts in the Middle East and the near $2 trillion annual budget deficit of the United States Government. Some Wall Street agencies noted that the uncertainty in policy communication between Becent and the Fed constituted a “double blow”, leading investors to re-evaluate their preferences for core United States assets. In this context, the “Sale America” trading strategy has received renewed attention among global institutional investors. At the heart of the strategy is the reduction of United States shares, United States debts and dollars. Analysts warned that short-term foreign exchange interventions and debt term adjustments alone would not be able to fundamentally reverse market confidence if the United States did not effectively reduce inflation expectations and reduce fiscal deficits. As global funds begin to re-pricing United States assets, the United States dollar is likely to face further downward pressure over the next 12 months, and the structural challenges of the United States debt market are becoming increasingly prominent. As a result, the trading mood of the global capital market “sold out to America” rose again。

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