U.S. official data shows that in July from the Federal Reserve's 25 basis points in the market, the market is expected to raise interest rates to the end, the performance of the two major overseas "creditors" of U.S. Treasury bonds is still departing from China and Japan.China continues to sell, and its positioning reached a new low, but the total scale of US debt held by overseas has a high scale of innovation.

On Monday, September 18, Eastern Time, the Ministry of Finance of the United States announced the International Capital Flow Report (TIC), showing that in July this year, the total U.S. Treasury bonds held overseas increased by 92 billion US dollars from June to $ 7.65 trillion.Create a new high since February last year.

From the perspective of the country, Japan still takes the top name of overseas US Treasury bonds. In July, it held a total of US $ 11125 trillion, an increase of 6.9 billion US dollars from June.Increase holdings of US debt, but the increase in holdings in June and July has not yet reached a significant reduction in May.Japan reduced its holdings of US $ 30.4 billion in US bonds in May, the largest monthly reduction scale since October last year.

The

TIC report shows that mainland China still holds the second largest overseas region after Japan in July, but its position in July has declined for the fourth consecutive month.It hit a new low since June 2009 for two consecutive months, a decrease of US $ 13.6 billion from June, and reduced its holdings by at least 10 billion US dollars per month from May to July.

From April last year, China's US debt positions have been lower than $ 1 trillion.As of February this year, China has reduced its holdings for seven consecutive months. It has a total position for seven consecutive months for more than 12 consecutive months. After the increase in March and April, it has increased its holdings in May.Essence

Wall Street News TIC data shows that in the national and regions with the largest top ten US debt, there are six increases in July.Among them, the Cayman Islands, which ranked seventh in total positioning, increased their holdings of US $ 31.5 billion, the largest increase. The eighth Canada and Luxembourg, which held the eighth position, increased their holdings of US $ 22.9 billion and US $ 18.1 billion, respectively.It's not as good as Japan.Among the countries that reduce their holdings, Belgium reduced its holdings of US $ 13.7 billion, which was only 100 million US dollars higher than the British and US $ 4.2 billion in Switzerland.

Although the TIC report shows that China has repeatedly sold U.S. debt in recent months, some commented that the U.S. Treasury bonds held by China seem to be reduced, but it has shifted to institutional bonds with higher yields.

Chinese official data shows that China's foreign reserves have continued to rise since the middle of this year.The State Administration of Foreign Exchange (Foreign Management Bureau) announced last month that China ’s foreign exchange reserves in July were US $ 320.43 trillion, an increase of 0.35%from June and an increase of two months.

The Foreign Management Bureau said that the scale of foreign exchange reserves increased in June due to factors such as exchange rate conversion and changes in asset price changes.The Foreign Management Bureau said that the global financial asset prices rose in July, affected by factors such as monetary policy and expectations of major economies, and global macroeconomic data, the US dollar index fell that month.

At the same time, China continued to increase its holdings in July.The Foreign Management Bureau announced that the golden reserve in July was 68.69 million ounces, an increase of 740,000 ounces from June, and the ninth consecutive month was growing.

Public data shows that the major US stock indexes rose in July. Among them, the S & P and the Nasda Index averaged the first five months in a row in two years, while the US dollar fell for two months.Falling about 1%and 1.2%, US debt prices have risen.

The price of US Treasury bonds on the benchmark ten years in July continued to fall, and the cumulative yield rose by about 16 basis points. For three months in a row, the two -year US debt yields that were more sensitive to interest rates fell by about 2 basis points.Fall after two months.

The market hopes that the central bank's interest rate hike will end and the US dollar softened in July, and the gold rebounds strongly.In the month of the month of New York, the cumulative increase in a total of about 2.1%, the largest monthly increase in the four months since March, and flattened the majority of the maximum monthly decline in the four months in June, which fell by about 2.7%, to reverse the two -month consecutive decline.

Overseas investment funds for two consecutive months, net inflows into the United States

The US TIC report on Monday shows that after the U.S. Congress finally reached an agreement and resolved the debt limit crisis in June, overseas investment funds continued to return to the US asset market.

Including the flow of long -term securities and banks in the United States, the net inflow of overseas funds in July was $ 140.6 billion, and the net inflows for two consecutive months, and the flow scale exceeded 140 billion US dollars.

Among them, the net outflow of US $ 168.2 billion in overseas private investor funds in May was US $ 140.6 billion in July, with a scale of US $ 119.8 billion in June.$ 100 million, less than $ 28 billion in June, but the inflow of May in May of 600 million US dollars.

In July, overseas private investors bought US $ 45.6 billion in long -term US securities, far less than US $ 183.9 billion in June, of which private investors bought $ 58.6 billion in nets, while net purchase of US $ 60.2 billion in June was $ 60.2 billionOverseas official agencies sold $ 13.1 billion in July

Including the US stocks purchased by the overseas investment portfolio through stock exchange, after some adjustments, overseas overseas purchased US $ 8.8 billion in long -term US securities in July, far lower than June 195.9 billion US dollars, and lower than 5The month of $ 17.5 billion.