China’s Latest $12B Bond SELL-OFF! Yellen’s Plea: Can China Save the US Bond Market?｜AsianQuickTake

Join us as we delve into a crucial financial topic with global ramifications. Tags: U.S. Department of the Treasury, U.S. Debt, U.S. Treasury Bonds, China, Credit Ratings, Global Finance, Economic Trends, Bond Market, Dollar Dominance. In a recent development, the U.S. Department of the Treasury released the Treasury International Capital Data for July. This report unveiled the top three countries holding U.S. Treasury bonds: Japan, Mainland China, and the United Kingdom. This revelation sent shockwaves through the U.S. financial system, particularly amid concerns over credit rating downgrades. International credit rating agencies had recently downgraded the U.S. credit rating, coinciding with reluctance from nations worldwide to maintain their investments in U.S. bonds. Concurrently, Moody’s downgraded the credit ratings of ten U.S. banks, highlighting concerns about their performance, further eroding optimism regarding the U.S. fiscal outlook. China’s strategic reduction of its U.S. bond holdings, along with the rapid growth of U.S. debt, has raised questions about the U.S. dollar’s dominance. The U.S. debt surged to an unprecedented $33 trillion as of September, potentially exceeding $50 trillion by 2030, with profound global consequences. While Japan has been increasing its U.S. bond holdings, China remains cautious amid U.S. pressure and sanctions. The world closely watches as the U.S. grapples with its debt ceiling and seeks to navigate these challenging financial waters. As nations worldwide accelerate divestment from U.S. bonds, the future of the U.S. dollar’s global dominance hangs in the balance. We appreciate your viewership and eagerly await your insights in the comments section. For more informative content, please subscribe and activate notifications. Stay tuned for our next update. 💯TOP 3 Video China Shocks Yellen With Massive Selling of U.S. Bonds and Buying of Gold ▶ China to Accelerate Dumping of Up to $800bn U.S. Debt ▶ Swiss Sells $36.4 billion U.S. Treasuries ▶ ━━━━━━━━━━━━━━━━━━━━━ ✅ COPYRIGHT DISCLAIMER Asian Quicktake Doesn’t Fully Own Some of the Materials Compiled in Its Videos. It Belongs to People or Organizations Who Ought to Be Respected. If Used, It Falls Under the Following Provisions: Copyright Disclaimer Section 107 of the Copyright Act 1976. “Fair Use“ is Allowed for Purposes Such As Criticism, Comment, News Reporting, Teaching, Scholarships, and Research. ━━━━━━━━━━━━━━━━━━━━━ ✅ If You Are the Owner of the Materials Used in This Video, Let us Know in the Comments or Send a Email to me. We Will Follow Your Request Immediately. ━━━━━━━━━━━━━━━━━━━━━ ✅ FINANCIAL DISCLAIMER This Channel’s Content Should Not Be Interpreted or Construed As Financial Advice. We Are Not, and Do Not Claim to Be, an Attorney, Accountant, or Financial Advisor. This Channel’s Content is Not a Substitute for Financial Advice and is Solely for Entertainment Purposes.