美国220亿美元30年期国债标售成焦点 收益率触及20年高点投资者抵制加剧

Group 1 - The U.S. Treasury will auction $22 billion in 30-year bonds this Thursday, which has become a focal point for Wall Street due to increasing global investor resistance to long-term government debt [1] - The 30-year U.S. Treasury bond has become the least favored bond type, with its yield reaching a nearly 20-year high of 5.15% last month and hovering around 4.98% at the start of the week [3] - Demand for long-term bonds has been persistently weak, with rising yields prompting investors to seek higher risk premiums for government loans, leading to increased financing pressure as U.S. borrowing continues to rise [4] Group 2 - Concerns over the fiscal situation have intensified, with predictions that recent tax and spending legislation could increase the U.S. budget deficit by trillions in the coming years, and Moody's has downgraded the U.S. sovereign credit rating from Aaa to Aa1 [5] - The total U.S. federal debt has surpassed $36 trillion, accounting for 124% of GDP, with interest payments projected to exceed $1 trillion for the fiscal year 2024 [5] - Due to severe sell-offs, there are speculations that the U.S. Treasury may reduce or suspend the issuance of 30-year bonds, as the current trading situation for long-term U.S. Treasuries no longer aligns with the traditional view of them as "risk-free assets" [5]