This shows that the people of the world have fully realized the essence of "diplomatic bonds" as junk bonds, and that the people of the world have been deceived by the carefully calculated scams of the Americans.

Therefore, the world is so disappointed with the "diplomatic bonds" that no one wants to be the receiver of this junk bond anymore.

I thought that the "diplomatic bonds" would collapse and sink completely, but no one expected that in the late 80s, the situation would be turned upside down.

The "diplomatic bonds" that had been abandoned by the world and no one cared about them became the "sweet and sweet" that everyone grabbed overnight.

I thought that "diplomatic bonds" would sink with the global debt crisis and inflation in the eighties, but by the end of the eighties, the situation had changed dramatically.

With the gradual opening up of the US Treasury bond market in the mid-to-late 80s, more and more large consortia and investment institutions from more and more countries began to enter the US Treasury bond market one after another.

With the unprecedented prosperity of the U.S. Treasury market, the U.S. Treasury market has issued more and more Treasury bonds, and the scale has become larger and larger.

And because U.S. Treasury bonds are backed by the U.S., the world's largest economy, backed by federal** creditworthiness, the vast majority of U.S. Treasury products have the world's highest AAA credit rating.

In other words, except for a very few U.S. Treasury products (such as diplomatic bonds), the vast majority of U.S. Treasury products are high-quality bonds with extremely high credit ratings, which are the first choice for investors from all over the world.

As the saying goes, "when the forest is big, there are all kinds of birds", who would have thought that some people would put a wide variety of high-quality US Treasury products and not invest in them, but they would just take a fancy to the half-dead "diplomatic bonds".

Especially in the late 80s, the "diplomatic bond" trading market, which was already rarely frequented, unexpectedly ushered in a great turning point for life.

Large banks and investment institutions in Thailand, Singapore, Malaysia, Indonesia and other Southeast Asian countries suddenly appeared in the "diplomatic bond" trading market without warning.

As if they had fallen into an evil spirit, they began to build positions frantically as soon as they came up, eating a huge amount of "diplomatic bonds" with heavy positions, and eating as many as they wanted.

The arrival of Southeast Asian investment institutions has suddenly enlivened the originally lifeless "diplomatic bond" trading market, and the trading volume of "diplomatic bonds" has soared, and it has once become the most popular treasury bond in the entire US Treasury bond market.

Even in less than three months, the amount of "diplomatic bonds" eaten by large Southeast Asian conglomerates and big banks has reached as much as 700 billion US dollars, accounting for more than one-third of the entire "diplomatic bonds" market!

"It's strange, what are those Southeast Asian investment institutions pumping, and why are they suddenly so interested in 'diplomatic bonds'?"

Seeing this, Qiao Tianyu drew a big question mark in his heart.

Judging from the general trend of the world economy, with the economic take-off of the "Asian Tigers" of Japan, South Korea, Taiwan and Singapore in the seventies and eighties, Southeast Asian countries such as Thailand, Malaysia and Indonesia have also carried out economic reforms and upgrading their industrial institutions.

These countries' economies began to rise rapidly from the mid-to-late eighties, and for more than a decade before the Southeast Asian financial crisis erupted in 1997, they were once prosperous.

Therefore, in the late 80s, when the economic strength of those Southeast Asian countries soared, they had spare money in their hands, and they naturally searched for investment opportunities all over the world, so it was common sense for them to invest in the US Treasury market.

But at that time, why did they not invest in such a wide variety of high-quality Treasury products in the US Treasury market, but instead invested in half-dead "diplomatic bonds"?

Qiao Tianyu racked his brains and thought for a long time, feeling that there was only one reasonable explanation for such an abnormal behavior of a large Southeast Asian consortium.

That is, the big Southeast Asian conglomerates must have gotten some heavy inside information in advance, or there are high-ranking people behind them, so that they firmly believe that something big will happen in the "diplomatic bond" trading market soon.

At that time, the price of "diplomatic bonds" will skyrocket, so they will lay out in advance and enter the market to buy "diplomatic bonds"!

Thinking of this, Qiao Tianyu hurriedly looked down to see if there was any earth-shattering event in the "diplomatic bond" trading market after those big consortia in Southeast Asia ate the "diplomatic bonds" in a heavy position?

However, this time it disappointed Qiao Tianyu, Qiao Tianyu combed through all the transaction records of the next four or five years of "diplomatic bonds", but the result surprised Qiao Tianyu.

At the end of the 80s, when the big Southeast Asian conglomerates took heavy positions in "diplomatic bonds", the "diplomatic bonds" trading market was indeed booming for a while.

However, this boom lasted for less than three months, and the entire trading market fell silent with the completion of the opening of positions by large Southeast Asian conglomerates.

In the four or five years that followed, there were no major waves in the "diplomatic bond" trading market, and the trading price remained depressed and stabilized at an extremely low level.

And those big Southeast Asian conglomerates seem to have forgotten that they still hold heavy positions in "diplomatic bonds", and they do not see them increase or decrease their positions, and there has been no change in their positions.

I'm going to rub it!

What's the situation?

$700 billion!

You must know that this money can be regarded as a huge amount of money no matter which era and country it is placed in, how can those big conglomerates in Southeast Asia forget it, no matter how they say it, they will not be rich to such a point!

Qiao Tianyu definitely doesn't believe that these big Southeast Asian conglomerates have really forgotten this money, they must still have a conspiracy in it!

But what is the conspiracy of those big Southeast Asian conglomerates, it has been more than five years since they have eaten the "diplomatic bonds" in their heavy positions, and no matter how long the conspiracy is, it should be over, but why have they not seen the slightest movement until now?

Strange!

Of course, Qiao Tianyu is not "salty and carrot-eating", he has nothing to worry about for other Southeast Asian conglomerates.

You must know that the "diplomatic bonds" are a heavy nuclear weapon given to Qiao Tianyu by Mr. Wu Wenjie to contain the United States, and if Qiao Tianyu wants to make a big fuss in the "diplomatic bonds" trading market, he must thoroughly understand the details of the "diplomatic bonds."

Then Qiao Tianyu can't bypass the big Southeast Asian consortia that hold heavy positions in "diplomatic bonds", if you want to make the "diplomatic bonds" trading market for my use, you can either cooperate with those big Southeast Asian conglomerates, or completely eliminate them, there is no other choice!