According to Odaily, despite Moody's recent downgrade of the U.S. Treasury's credit rating, foreign investors are unlikely to abandon the U.S. Treasury market due to the lack of suitable alternatives. Lindsay Rosner, Multi-Sector Investment Director at Goldman Sachs Asset Management, noted that globally, there are very few countries with AAA sovereign credit ratings, approximately 11, and their bond markets are significantly smaller compared to the U.S. Treasury market. She emphasized that the U.S. market possesses a depth and breadth unmatched by other markets. Rosner also mentioned that if long-term Treasury yields remain above 5%, a critical point may be reached where hedging effects, particularly interest rate spreads, become attractive.