中国再抛61亿美债，特朗普突然服软，美媒急喊：只剩一条路可走

Group 1 - The core viewpoint of the article highlights the contrasting actions in the global bond market, where while global capital is aggressively buying U.S. Treasury bonds, China is reducing its holdings significantly, indicating a complex interplay of financial and political factors [1][8][16] - In November, the global U.S. Treasury market showed a split, with countries like Norway and Saudi Arabia increasing their holdings, while Japan maintained a cautious approach despite a slight increase [3] - China has strategically reduced its U.S. Treasury holdings, with a consistent pattern of selling over the past months, while simultaneously increasing its foreign exchange reserves, indicating a balanced approach to asset management [5][6] Group 2 - The U.S. national debt has surpassed $36 trillion, with a significant portion maturing by 2025, raising concerns about fiscal sustainability and credit ratings [8][11] - China's reduction of U.S. Treasury bonds is part of a broader strategy to diversify its assets, including increasing gold reserves and investing in euro assets and emerging market bonds, thereby reducing reliance on U.S. dollar assets [9][11] - The political landscape in the U.S. is affecting monetary policy, with pressures on the Federal Reserve to lower interest rates to alleviate debt burdens, but inflation remains a significant concern, complicating potential policy changes [11][13]