As soon as I opened my eyes, I found that the pancake had been dried back to 87000 yuan, and the US financial market suffered a triple blow in stocks, bonds, and foreign exchange. There is no doubt that this decline was spread by US stocks and US bonds. The reason is that the Greenland incident continued to ferment, and Japanese bonds faced the "Truss moment". Nvidia, Apple, and Google have driven the three major US stock indices to decline one after another. Why did you get used to Trump TACO and think that Trump's TACO market is still nervous this time? Perhaps it's because Denmark is really selling off its US bonds this time, which has made Europe, which was originally thought to be appeasing to the end, also become tough. Trump's aggressive attitude makes the market think that he is serious this time, so the confrontation between Europe and the United States will intensify, and unpredictable risks will naturally rise. At the same time, the wave of selling Japanese bonds further amplified the panic. When Japan, the largest overseas holder of US Treasury bonds and a staunch ally of the United States - the core force of the North Atlantic Treaty Organization - the old European countries may be about to start a wave of selling, and when the market begins to realize that the US government's finances are unsustainable, the emotions of the US, Europe, and Japan resonate, ultimately leading to this sharp decline. In short, Trump may still take TACO in the end, but now the market chooses to avoid risks.