Opinion: America needs to keep Treasury bond investors’ trust. Here’s the price if it’s lost. - MarketWatch

1. Foreign demand for U.S. debt is declining due to geopolitical concerns. 2. China's treasury holdings fell by $550 billion since 2011, a significant shift. 3. Europe is increasing U.S. Treasury holdings, potentially offsetting Asian sell-offs. 4. Long-term stability of the U.S. dollar as a reserve currency is uncertain. 5. Reductions in Treasury holdings present a self-correcting dynamic for the dollar.