Local time on August 15, the U.S. Treasury Department released data showing that in June 2024, the top three overseas debtors of U.S. debt, Japan, China and the United Kingdom holdings diverged: Japan reduced its holdings, China and the United Kingdom to increase their holdings. The U.S. Treasury Department's June 2024 International Capital Flows Report ((TIC) shows that Japan reduced its holdings of U.S. Treasuries by $10.6 billion in June, with a position of $1,117.7 billion, still the first day of U.S. debtors. As the second largest overseas debtor of U.S. Treasury bonds, China reduced its holdings of U.S. debt by $18.6 billion in January 2024, and opened the “three consecutive declines in the same year in February and March, respectively, reduced holdings of $22.7 billion, $7.6 billion in U.S. debt, in April, it was an increase of 3.3 billion U.S. dollars in U.S. debt, for 2024 for the first time to increase the position.

On the afternoon of June 3, local time, U.S. President Biden signed a bill on the federal government's debt ceiling and budget, ending the recent uncertainty surrounding the possibility of the United States falling into a government debt default, Biden said in a speech that "reversed an economic crisis and economic collapse."。

On April 19, JPMorgan Chase said it expected a crisis in U.S. debt as early as next month, and the consequences of a technical default on U.S. debt were "extraordinary."。