1. Treasury bonds are considered as risk-free income securities, which is equivalent to holding risk-free income securities. There is a limit on deposit insurance. For example, China only pays absolute compensation for deposits below 500,000 yuan, and the part exceeding 500,000 yuan may not be fully paid off if the bank goes bankrupt. The United States only pays absolutely for deposits below 65,438+10,000. Therefore, it is better to buy government bonds than to deposit them in the bank.

2. On the other hand, national debt is the most liquid securities product, and the liquidity of any stock or other bond can't be compared with national debt.

3. National debt is the target securities operated by the central bank in the open market. Therefore, the yield of national debt has become the market interest rate in the free market, so it is of great significance.

4. According to the situation of various countries, US Treasury bonds belong to the safest variety.

China's foreign exchange reserves come from foreign direct investment, foreign trade surplus and international hot money entering China. Under the current foreign exchange system, foreign funds entering China must be converted into RMB, and foreign exchange is bought by the central bank to form foreign exchange reserves. Foreign exchange reserves will depreciate if they are not implemented. The principle is the same as that of an individual who keeps money at home and does not deposit it in the bank. If they put it in the bank, there will be some interest. Under the current financial environment in China, buying US Treasury bonds is still the best choice.