最后一根稻草，来了？美债突破5%,万亿美债崩盘在即,美元危机将近

Core Viewpoint - The article discusses the escalating U.S. debt crisis, highlighted by the 30-year Treasury yield surpassing 5%, and the significant sell-off of U.S. Treasuries by Japanese investors, indicating a potential crisis for the dollar and U.S. financial stability [1][3][5]. Group 1: U.S. Debt Crisis - The U.S. debt crisis has intensified, with the 30-year Treasury yield reaching a historic high of 5%, signaling a lack of buyers and an increase in sellers [5][11]. - Japanese investors have sold approximately $20 billion in U.S. Treasuries, exacerbating the situation for the U.S. [5][10]. - The rising yields are expected to increase borrowing costs for the U.S., complicating the government's fiscal challenges [11][16]. Group 2: Japan's Financial Strategy - Japan, previously the largest holder of U.S. debt, is now seen as a significant threat to U.S. financial stability due to its recent actions [3][10]. - The Bank of Japan has diversified its reserves by increasing gold holdings and reducing reliance on U.S. Treasuries, sending a clear signal about the stability of the U.S. debt market [7][18]. - Japan's financial maneuvers are viewed as a form of "invisible counterforce" against U.S. policies, potentially influencing U.S. trade negotiations [13][18]. Group 3: Global Economic Implications - The volatility in the U.S. debt market poses risks not only to the U.S. economy but also to the global financial system, particularly affecting international trade and investment linked to the dollar [16][20]. - The ongoing financial struggle may lead to a reevaluation of U.S. fiscal policies, especially regarding tariffs and trade relations with Japan [11][15]. - The situation reflects a broader shift in global economic power dynamics, with Japan leveraging its financial strategies to gain more influence [18][20].