According to CoinMeta, and as reported by early issuer in, global financial markets experienced a double hit for stocks and bonds, with the yield on 30-year U.S. Treasury bonds rising to 5.33%, reaching a new high since 2007. South Korea's KOSPI index fell by 5.8%, the Nikkei 225 index fell by 3.16%, and over 5,000 A-share stocks declined, with the AI industry chain sector leading the losses. The Philadelphia Semiconductor Index in the U.S. market fell nearly 5% in a single day, and stocks of Micron Technology, Western Data, SanDisk, Marvell, AMD, Intel, Coherent, and Credo saw price corrections. Data from the U.S. Treasury Department shows that in June, overseas investors' holdings of U.S. Treasuries decreased to $9.299 trillion, a reduction of $72 billion from May. Among them, Japan's holdings dropped to $1.116 trillion, with a reduction of $26.4 billion in a single month, and Britain's holdings fell to $939.9 billion. The U.S. Treasury Department will issue $16 billion in 20-year U.S. Treasuries at 1 a.m. on Thursday (UTC +8).