National Team Concerns Over US Bonds as Eight Major State-owned Banks Dump 00679B and 00687B Exceeding 600 Million
During the last week (04/21~04/25), Taiwan's stock market rose by 477.7 points, a gain of 2.46%, closing at 19872.73 points. The tariffs imposed by US President Trump have not only shaken the global financial market but also prompted investors to sell off US bonds, resulting in a confidence crisis for them.
According to statistics from Wangkugu, the eight major state-owned banks heavily sold off US bond ETFs among the top ten most sold stocks last week, with Yuanta US Bond 20-Year (00679B) and Cathay 20-Year US Bond (00687B) witnessing selling amounts of NT$3.21 billion and NT$3.07 billion respectively, ranking first and second in selling.
Additionally, Cathay 20-Year US Bond Positive 2 (00688L) and Yuanta US Bond 20 Positive 2 (00680L) also saw selling of over 3,000 and 1,600 shares respectively, indicating increasing concerns from investors regarding US bonds.
