自4月以来，30年期财政收益首次超过5％的门槛

此举是在穆迪（Moody）降级美国信誉之后，由于不断增加的赤字和不断升级的利息费用，剥夺了AAA评级的国家。

The yield on U.S. 30-year treasury bills crossed the 5% threshold for the first time since April, reaching an intraday high of 5.011%. This move comes after Moody's downgraded U.S. credit, stripping the country of Aaa rating due to mounting deficits and escalating interest expenses.

自4月以来，美国30年的美国国库账单的收益率首次越过5％的门槛，达到了5.011％的盘中高点。此举是在穆迪（Moody）降低了美国信誉，由于赤字和利息费用升级而剥夺了AAA评级的国家。

The last time the long end of the yield curve reached 5% was on April 9, during the so-called "tariff tantrum," which triggered sharp sell-offs in both crypto and U.S. equity markets.

在所谓的“关税发脾气”期间，收益率曲线的最后一次达到5％是在4月9日，这引发了加密货币和美国股票市场的急剧抛售。

At that time, bitcoin (BTC) was hovering near its local low of around $75,000. It has since rebounded strongly, currently trading around $103,000 after hitting a Sunday high of $106,000.

当时，比特币（BTC）徘徊在其本地低点约75,000美元。此后，它的反弹很强，目前在周日高点106,000美元的高点后交易约103,000美元。

"The last time the 30-year closed at or above 5% (at the 6 PM ET mark) was October 31, 2023. The highest closing yield in recent memory was 5.11% on October 19, 2023, the highest since July 2007, nearly 18 years ago. The current yield is just 12 basis points away from surpassing that milestone," said Jim Bianco, head of Bianco Research.

Bianco研究负责人Jim Bianco说：“上次30年关闭或高于5％（美国东部时间下午6点）是2023年10月31日。最近记忆中最高的收盘收益率为5.11％，2023年10月19日，是2007年7月以来最高的2007年7月，近18年前。当前的收益率为12个基点，距离这一里程碑仅超过了这一里程碑。”

In addition, the United Kingdom surpassed China in March to become the second-largest foreign holder of U.S. Treasuries, with holdings totaling $779.3 billion—trailing only Japan, which remains the top foreign holder.

此外，英国在三月份超越了中国，成为美国国债的第二大外国持有人，持有量为7793亿美元，仅拖车，这仍然是最高的外国持有人。

Both China and Japan have continued to reduce their U.S. Treasury holdings over the past 12 months, highlighting the increasing need for the U.S. to attract new buyers for its debt.

在过去的12个月中，中国和日本都继续减少其美国财政部的持股，这强调了美国对吸引新买家债务的需求日益增加。

As the U.S. Treasury faces growing deficits, there is potential for more bonds to be issued, increasing supply and thereby pushing yields higher while prices fall. Meanwhile, Nasdaq futures are down around 2%, reflecting broader risk-off sentiment in the market.

随着美国财政部面临越来越多的赤字，有可能发行更多的债券，增加供应，从而在价格下跌时提高了收益率。同时，纳斯达克期货下降了约2％，反映了市场上更广泛的风险情绪。