美国宣布了！美债波动率像坐过山车一样蹿升，创4月2日解放日特朗普加税以来最猛三连跳，大家可能都在想究竟是怎么一回事了

Group 1 - The core issue is the alarming level of U.S. national debt, which has surpassed $37 trillion, with a daily increase of $22 billion, raising concerns about market confidence [3][5][9] - The 30-year Treasury yield has surged to nearly 5%, the highest since October of the previous year, indicating heightened market anxiety [3][5] - The fiscal deficit reached nearly $2 trillion last year, exacerbated by tax cuts and increased spending, leading to questions about how to address this financial gap [5][9] Group 2 - Political factors are complicating the situation, with potential interference in the Federal Reserve's independence, which could further destabilize market confidence [5][9] - September has historically been a challenging month for the bond market, with average negative performance over the past decade, and this year is compounded by political uncertainties [7][9] - Foreign investment confidence in U.S. debt is waning, as evidenced by rising yields not translating into a stronger dollar, indicating concerns about fiscal sustainability [9][11] Group 3 - Upcoming economic data releases, such as non-farm payroll and inflation figures, could significantly impact market stability, with potential for volatility in the coming weeks [11] - The current market dynamics reflect a complex interplay of fiscal and political uncertainties, with fears that the Federal Reserve may be influenced by political pressures rather than economic indicators [9][11]