The continuous decline in the US dollar "sell-off US" phenomenon is happening again.

U.S. Treasury Secretary Scott Bezent's confirmation of the "strong dollar policy" failed to reverse the decline in the dollar. The dollar rebound came to a sudden halt, and on the 29th it fell again. Jeffrey Gunlock, CEO of DoubleLine Capital, said in an interview with the American Consumer News and Business Channel that investors have been more inclined to choose tangible safe-haven assets like gold for some time, and the dollar has not shown the characteristics of a safe-haven currency. In contrast to the dollar's decline, the international spot gold price rose to a new high of $5598.75 per ounce on the 29th. As the phenomenon of "selling America" plays out again, Bloomberg reported on the 23rd that the U.S. asset management giant BlackRock recently joined the ranks of those shorting U.S. bonds. BlackRock senior investment manager Tom Bechler said the market is underestimating the risk of persistent inflation in the U.S. and UK, and he has been selling government bonds from both countries. Bechler and others jointly manage the approximately $4.1 billion BlackRock Tactical Opportunity Fund. Since the end of last year, he has been increasing short positions in long-term U.S. and UK bonds because he expects high inflation in both countries to hinder interest rate cuts. In addition to U.S. capital, several European pension funds have started selling dollar assets, concerned about the financial risks associated with the unpredictability of the U.S. fiscal and debt situation as well as U.S. government policies.