Recent financial market analysis reports indicate that the U.S. Federal Reserve may implement a significant asset portfolio adjustment plan over the next two years. The core content of this plan involves purchasing approximately $2 trillion in short-term government bonds, an amount that is nearly equivalent to the expected bond issuance scale by the U.S. Treasury during the same period.

Analysts believe that this initiative has multiple strategic significances. Firstly, it will help to optimize the Federal Reserve's asset-liability structure, effectively reducing interest rate volatility and negative equity risks. Secondly, by shortening the duration of liabilities, the Federal Reserve can enhance its financial flexibility and ability to respond to market changes.

It is worth noting that this potential large-scale bond purchase plan aligns well with the recent increase in short-term Treasury issuance by the U.S. Treasury due to adjustments in the debt ceiling. This could not only inject new demand into the Treasury market but also have far-reaching implications for the overall financial market.

However, this analysis remains speculative, and the Federal Reserve has not made any formal statement on this matter. Market participants and policy observers will closely monitor the Federal Reserve's future policy directions to assess the potential impact of this possible asset allocation adjustment on financial markets and the economy.