US debt tops $40t: Is the world's safe haven still safe?
By Zhou Lanxu and Zhuang Qiange | chinadaily.com.cn | Updated: 2026-08-22 22:17
The yield on 30-year US Treasuries recently surged above 5.31 percent, prompting the US Treasury to step up its bond buybacks. As Washington issues more debt at higher costs, how long can US Treasuries retain their status as the world's premier safe-haven asset?
Huang Qi contributed to this story.
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