# Capital Articoli collegati

Il Centro Notizie HTX fornisce gli articoli più recenti e le analisi più approfondite su "Capital", coprendo tendenze di mercato, aggiornamenti sui progetti, sviluppi tecnologici e politiche normative nel settore crypto.

Overseas Funds Accelerate Withdrawal, U.S. Bonds Face Largest Selling Pressure in Six Years

Overseas official investors are accelerating their withdrawal from U.S. Treasuries, with foreign official accounts at the New York Fed shedding $75 billion over the past four weeks—the largest monthly decline since the COVID-19 pandemic hit in March 2020. According to Deutsche Bank research, this implies net sales of approximately $60 billion, marking the most significant sell-off since the pandemic began. The sell-off is particularly concentrated in the mid-term segment of the yield curve, contributing to recent rapid yield rises. Unlike in March 2023, the drawdown was not offset by increased use of the Fed’s FIMA repo facility, indicating outright sales or non-reinvestment of maturing securities. The drop in custody holdings aligns with observed FX intervention by Asian central banks and a broader slowdown in foreign purchases of dollar assets. Historical correlation suggests custody data explains about 50% of the variation in official net flows reported in TIC data. Deutsche Bank warns that sustained foreign selling could erode the “convenience yield” advantage enjoyed by U.S. debt due to its reserve currency status. Estimates suggest the 10-year yield may be suppressed by 90–100 basis points due to dollar dominance. A continued retreat of foreign demand could push long-term yields significantly higher, increasing refinancing costs and affecting global financial conditions.

marsbit2 giorni fa 02:59

Overseas Funds Accelerate Withdrawal, U.S. Bonds Face Largest Selling Pressure in Six Years

marsbit2 giorni fa 02:59

315 Exposes AI Poisoning, a Business from Putian to Silicon Valley

"315 Exposed: AI 'Poisoning' - A Business from Putian to Silicon Valley" During China's 315 consumer rights expose, a practice called Generative Engine Optimization (GEO) was revealed. GEO involves manipulating AI-generated responses by flooding the internet with promotional content, which AI models then scrape and present as factual recommendations. A tool called "Liqing GEO," sold on Taobao, demonstrated this by fabricating a fake smartwatch with absurd features ("quantum entanglement sensing," "black hole-level battery") and having AI recommend it within hours. This mirrors the early days of Search Engine Optimization (SEO), where paid rankings, notably by Putian-based hospitals on Baidu, dominated search results. Despite regulations, the core model remains: whoever controls the information gateway sells rankings. Now, with AI as the new gateway, SEO has simply become GEO. The business is significant. BlueFocus, a major marketing firm, invested millions in a GEO company, PureblueAI, serving clients like Ant Group and Volvo. While Pureblue claims to optimize real brand information, the technical method—flooding the web with content for AI to scrape—is identical to the "poisoning" tactic. This ambiguity fueled a stock market frenzy in late 2025, with GEO-related stocks like BlueFocus surging over 130% before executives cashed out. Simultaneously, Silicon Valley is formalizing this model. OpenAI announced ads in ChatGPT for free users, with sponsored links appearing below answers. While OpenAI claims ads don't influence content, the line between "poisoning" and "commercialization" blurs. The same practice—buying influence in AI outputs—shifts from a几百元 (hundreds of yuan) black-market tool to a potential $17 billion revenue stream for OpenAI. The trust红利 (trust dividend) users place in AI is now the new frontier for manipulation, echoing the SEO era's evolution but at an accelerated pace. The article concludes: answers may be free, but critical thinking shouldn't be outsourced.

比推03/16 11:27

315 Exposes AI Poisoning, a Business from Putian to Silicon Valley

比推03/16 11:27

活动图片