全球掀起美债抛售潮，中国却没有出手，为何会放特朗普一马？

Group 1 - The article discusses the unexpected surge in U.S. Treasury yields, which rose from below 3.9% to around 4.6% due to a sell-off triggered by a decline in the U.S. stock market following tariff announcements by the Trump administration [2] - The sell-off of U.S. Treasuries indicates a loss of confidence in Trump's policies, leading investors to seek alternative safe havens [2] - China has chosen to remain passive during the Treasury sell-off, avoiding significant actions that could destabilize the global economy, reflecting a strategic approach to the ongoing trade tensions [4][2] Group 2 - Despite the intense U.S.-China trade war, China maintains an open stance for negotiations, indicating a desire for a balanced approach rather than escalating tensions further [4] - The article highlights that the U.S. administration is attempting to de-escalate the situation by seeking agreements with other countries and hoping for dialogue with China [4][6] - The current stalemate in U.S.-China relations is attributed to Trump's reluctance to lose face, which may prolong the impasse until a significant change in attitude occurs [6]