
Finance · 05/21/2025
US Bond Market in Crisis A Deep Dive From AAA to Emergency
Moody's has downgraded the US credit rating, bringing an end to a 108-year history of AAA ratings. This has led to a sell-off in the US debt market, with rapid capital outflows from US stocks, bonds, and the dollar. The yield on 10-year US Treasuries has surpassed 4.5%. A new 'sell-off America' trend has emerged as concerns about US fiscal stability increase.

Finance · 07/22/2025
In-depth Analysis of the Structure and Operation Mechanisms of the US Financial Markets
The US financial market is divided into money markets and capital markets. The former includes short-term financial instruments, while the latter covers long-term financing needs. It encompasses bonds, stocks, mortgages, and also the foreign exchange market, showcasing its efficiency and diversity.

Finance · 05/26/2025
U.S. Treasury Stops Minting One-cent Coins: Background and Impact
The U.S. Treasury has decided to gradually halt the production of the one-cent coin, as its manufacturing cost has reached four times its face value, leading to financial losses. With rising inflation, the actual market value of this coin is nearly zero. Additionally, discussions among nations regarding the production and elimination of low-denomination coins reflect trends towards digital payments and potential impacts on low-income populations. While the Treasury has the authority to make this

Finance · 07/25/2025
Navigating Tariff Challenges Strong Domestic Demand Stockbond Portfolio Recommendations for 2025
In light of the upcoming reciprocal tariffs, investors should consider an asset allocation focused on domestic demand for 2025. This includes utility stocks, telecom bonds, and financial bonds to navigate market volatility and achieve steady returns.

Finance · 07/18/2025
In-depth Analysis of the US Money Market: The Driving Engine of Global Finance
The US money market is one of the most developed financial markets globally, characterized by high competitiveness and a variety of financial instruments. With products ranging from Treasury bills to commercial paper, participants gain flexible financing opportunities. Mechanisms like the federal funds market and large negotiable certificates of deposit facilitate fluid capital movement. This paper analyzes the components and influences of the US money market, providing an in-depth perspective

Finance · 08/06/2025
US Bond Investment Timing Questioned After Debt Rating Downgrade
This article analyzes the impact of the decline in credit ratings of US Treasuries on the market. It explores how investors can position themselves in the bond market amidst current high uncertainty, providing actionable advice backed by expert opinions. The discussion highlights the advantages of investment-grade bonds and strategies for selecting bond funds.

Finance · 07/22/2025
Direct Issuance A New Option for Private Debt Financing
Direct issuance is a straightforward and economical method for issuing securities, suitable for private placement bonds and financial bonds. However, its limitations include a narrow financing scope and a lack of intermediary support. Despite these drawbacks, direct issuance still holds significant application value in financial markets.

Taxation · 07/23/2025
A Comprehensive Overview of Taxadvantaged Bonds Policy Directions and Compliance Requirements
This article comprehensively analyzes the types of tax-advantaged bonds, compliance requirements, and the latest policy dynamics. It aims to help readers understand how to effectively utilize this important financial tool.

Finance · 03/05/2025
Investors Shift to Safehaven Bond Etfs Amid Economic Uncertainty
Weak US economic data triggered risk-averse sentiment, driving capital into the bond market and making financial bond ETFs a new favorite. The declining 10-year US Treasury yield, coupled with expectations of potential deregulation of the financial industry by the Trump administration, make long-term financial bond ETFs promising. Yuanta 15+ Year ESG USD Investment Grade Bank Bond ETF (00958B), with its stability and growth potential, is an excellent choice for investors seeking to reduce risk and pursue returns.

Taxation · 10/21/2020
Mastering Tax Practice Rules A Detailed Analysis of Treasury Department Notice 230
The Ministry of Finance's Announcement No. 230 clarifies the practice standards for tax professionals, including qualification requirements, penalties for violations, and assessment criteria. The aim is to protect taxpayers' rights and enhance service quality. Mastering these rules is crucial for tax professionals to achieve success.

Finance · 12/14/2023
The Surge of Long-term Interest Rates in the United States An Analysis of Causes and Global Impact
The significant rise in long-term US Treasury yields has become a crucial topic in global capital markets. Recent data indicates that the yields on 10-year and 30-year Treasuries have reached their highest levels since 2007, raising concerns about the persistence of high rates. This article analyzes the reasons behind the rise in long-term rates and their potential impact on global markets, highlighting the relationship between robust US economic data and the Federal Reserve's hawkish policies, and exploring the far-reaching effects on capital flows and the value of the dollar.

Finance · 07/18/2025
In-depth Analysis of the Structure and Operation of the US Financial Market
The U.S. financial markets encompass the money, capital, and debt markets, where stocks and bonds are traded on major exchanges.

Finance · 04/29/2025
Morgan Stanley Warns of Risks to SP 500 Rally
After briefly surpassing the 5500 resistance level, Morgan Stanley warns of four key risks facing the S&P 500: tariff relief, a Federal Reserve pivot, Treasury yields, and earnings growth. Morgan Stanley advises monitoring the bond and labor markets, favoring US equities with a focus on high-quality defensive and cyclical stocks. The firm recommends individual stocks in sectors including energy, industrials, consumer staples, financials, technology, networking, and real estate.

Finance · 12/14/2023
Surge In US Long-term Interest Rates A Warning Signal For Global Macroeconomics
The rise in the yield of U.S. long-term government bonds has become a focal point, influencing global asset pricing and economic outlook. Yields on 10-year and 30-year bonds have reached new highs, raising concerns about the persistence of a high-interest-rate environment. Analysis indicates that robust economic data and the Federal Reserve's hawkish policies have jointly contributed to this change, highlighting its potential impact on investors.

Finance · 07/18/2025
The Evolution of Net Interest Margin in the U.S. Banking Sector and Its Relationship with Interest Rate Policies
This article explores the relationship between the net interest margin of the U.S. banking industry, interest rate policy, and Treasury yields, alongside their dynamic changes.