去年12月，被视为与美国关系更为稳定的日本持有美国国债7688亿美元，同比增加1428亿美元。

The country, which is seen as having a more stable relationship with the US, held $768.8bn of Treasuries in December, an increase of $142.8bn from the previous year.

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例如，美国国债似乎被高估刊载于美国预算和与美元的长期问题。

For example, U.S. Treasurys would seem to be overvalued given the long-term problems in the U.S. budget and with the dollar.

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假如中国暂停人民币兑美元升值，与中国在出口方面形成竞争的国家将可能效仿，干预汇市，进一步增持美国国债。

If China has suspended the yuan against the us dollar, and China in the form of competition export countries will likely follow suit, intervention, further increasing the national debt.

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