US Debt Volume Soared Sharply For The First Time To Exceed $17 Trillion.

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The main reason is that the US Treasury has been taking emergency measures to borrow money in the past 5 months, so the "bills" that had been shelved before the debt agreement reached and the Ministry of finance could raise the debt ceiling had been blowout in the past 5 months. The main reason is that p a href=.

Just 328 billion days after the three countries passed the resolution last week to authorize the government to continue borrowing, the United States added $328 billion to the national debt.

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The US gross domestic product (GDP) in 2012 was about US $16 trillion and 600 billion, while the US total a href= "http://www.91se91.com/news/index_cj.asp" > treasury bonds < /a > total exceeded 17 trillion US dollars, which means that the ratio of US Treasury bonds to GDP exceeded the 100% mark again.

In recent years since the outbreak of the financial crisis, the growth rate of US debt has been phenomenal: in 2008 and 2009, the upper limit of US Treasury bonds was 10 trillion and 610 billion US dollars and 12 trillion and 100 billion US dollars respectively, accounting for 70% and 84.1% of GDP respectively.

Since the average monthly deficit in the US is as high as 60 billion US dollars, the United States will continue to borrow money.

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< p > US Treasury bonds are regarded as "risk-free" assets. The security of the monetary fund market and the repurchase market is mostly Treasury bonds, and the yield of the Treasury bonds is also the basis of interest rates.

Gartman, founder of Gartman Letter, an American market research firm, said that despite the signing of the financial bill at the last minute by President Obama, the closure of the government has damaged the credibility of the United States as a safe haven for investment.

The US Congress will launch another battle in early 2014, that is, when the government again reaches the deadline for budget and debt ceiling.

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According to the latest data, US $5 trillion and 590 billion of US $12 trillion of treasury bonds is held by foreign investors. < p >

Jenkins, founder of the swordfish think-tank, said it was not surprising that the result of the debate over the debt ceiling led to the decision of US debt investors, including China.

Such moves will reduce the demand for US Treasury bonds, which is not good news for the us a href= "http://www.91se91.com/news/index_cj.asp" > borrowing /a.

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< p > however, according to the data released by the Federal Reserve, as of October 16th, the amount of treasury bonds held by foreign central banks increased by US $29 billion 700 million, the highest in nearly 8 months.

In the second and third quarters of this year, foreign central banks held us treasury bonds down by US $12 billion 600 million, because the market expected the Federal Reserve to start reducing the scale of quantitative easing in September.

Cons, who is in charge of the interest rate strategy at Deutsche Bank, believes that foreign investors in US Treasury bonds seem to be in deep mire. Their foreign exchange reserves have little choice but to invest in the US.

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