---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/40112185.md"
description: "Uncertain but with expectations that Trump will visit China on May 15th, followed by medium to long-term US Treasury auctions in the subsequent period. Whether he visits and whether there are cooperative outcomes that ease tensions are the key points of the high-level meeting.Medium to long-term US bond auctions: the 30-year US Treasury on May 18th, the 3-year US Treasury on May 19th, and the 7-year US Treasury on May 20th.$iShares barclays 20+ Yr Treasury Bd(TLT.US)$NASDAQ Composite Index(.IXIC.US)$S&P 500(.SPX.US)"
datetime: "2026-04-22T17:35:22.000Z"
locales:
  - [en](https://longbridge.com/en/topics/40112185.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/40112185.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/40112185.md)
author: "[嘿嘿^](https://longbridge.com/en/profiles/16808539.md)"
---

# Uncertain but with expectations that Trump will vi…


### Related Stocks

- [TLT.US](https://longbridge.com/en/quote/TLT.US.md)
- [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)

## Comments (6)

- **幸运币 · 2026-04-22T19:30:39.000Z · 👍 2**: Everything is thriving.
- **intc＆ymtc · 2026-04-22T17:51:30.000Z · 👍 1**: It has nothing to do with whether China buys long-term bonds or not. Kevin Warsh wants to shrink the balance sheet and hopes the central bank doesn't hold long-term bonds. Overnight reverse repos are gone, TGA can't be locked up, leaving only bank reserves. Before shrinking the balance sheet, we sti
  - **嘿嘿^** (2026-04-22T17:55:06.000Z): Balance sheet reduction is actually a good thing, not a bad thing. Balance sheet reduction (without depreciation) maintains one's own credit.
  - **嘿嘿^** (2026-04-22T18:02:44.000Z): Reducing long-term debt to lower the fiscal deficit, the value of long-term bonds will return. China holds a significant amount of US dollars and US Treasury bonds, and not supporting debt resolution 
  - **嘿嘿^** (2026-04-22T18:03:36.000Z): Besides politics, this is also an interest group.
- **韩跑跑的交易员Luka · 2026-04-22T17:50:33.000Z · 👍 1**: Bond issuance draining liquidity