The left of the American bonds pays concern in the global markets

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US Treasury bonds, the basis for the global financial system, were subjected to a new sale pressure on Wednesday in a sign that investors throw their most secure assets because the unrest launched by American definitions raises forced sale and pushed cash.

Bonds are usually seen as a safe place for investors to stop their money. With the current market sale process, investors should reach them, which will lead to a decrease in returns – but this does not happen.

Treasury revenue increased for ten years 44 basis points to 4.44 percent this week alone with low prices. If it continues, this would represent the largest weekly jump since 2001.

The dollar, also a traditional safe haven, and weakness against other major currencies in other evidence that confidence in the world’s largest economy has been shaken.

The market defeat in the US Treasury Market of approximately $ 29 trillion led to an increase in borrowing costs all over the world, increasing pressure on central banks and policy makers to act quickly for the economy ownership facing sharp slowdown as the highest American tariff continues in more than 100 years.

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Despite the enlargement of a violent reaction at home and abroad, US President Donald Trump defended his plans for tariffs on Tuesday, including 104 percent of the customs tariff for China after he refused to raise revenge fees on American goods.

The best currency in the country said that Japan will cooperate with a group of seven advanced economies and the International Monetary Fund to help stabilize the market leakage.

The return on Japanese government bonds, which lasted 30 years, has increased to 21 years of age, and the 30 -year -old British bond returns have risen to the highest level since 1998. In contrast, German bonds were for 10 years fixed.

With the start of the New York trade, the cabinet surrendered to the pressure of fresh sale, with revenue for 10 years of about 20 basis points per day.

The bonds that have long been rented were the intense axis of hedge funds, which borrowed to bet on small gaps between cash prices and futures prices.

Treasury revenue increased for thirty years 20 basis points to 4.92 percent. They have risen 53 basis points over three days, the largest jump for three days since 1982.

The sales of the long -term bonds have pushed the gap between revenues for two years and 10 years to wider since 2022.

Wears a crisis

High government borrowing costs are liquidated through corporate loans and mortgages, and this means what happens in bond markets can cause economic damage to companies and families.

Some analysts said that the American Federal Reserve may need to reduce prices more than expected or provide the targeted lending facility, similar to the measures taken during the Covid-19 crisis and the global financial crisis.

“It is expected that there will be some response to the central bank in the near term if the markets continue to act as they were during the past 12 to 24 hours,” said Mark Elworth, head of the constant income, currency and trading commodities in Australia.

Others have pointed to possible changes in the long -term global trade flows that slow the foreign purchase of American debt, or that foreign owners can transform the sellers.

The nice demand for the US Treasury auction worth $ 58 billion of notes, which lasted three years, feeds concerns about the lukewarm interest in selling $ 39 billion from 10 years of observations and a auction of $ 22 billion of 30 -year bonds on Thursday. Meanwhile, the cost of defaulting insurance increased from the US payment.

“The markets are now concerned that China and other countries can” throw “the American treasury as a tool for revenge,” said Grace Tam, the chief investment consultant at BNP Paribas Wealth Management in Hong Kong.



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