Dropping It Like a Hot Potato, the Lowest level of U.S. Debt Ownership in Decades, Not Just a "China-Leaning" Countries Problem
An important question
Who now holds the debt discarded by China (and others) and why?
China sells treasuries for two reasons (1) to make themselves less vulnerable to U.S. sanctions and (2) to prop up their own weak, depreciating yuan and the associated flight of capital that accompanies it.
No hand wringing called for.
An important question
Who now holds the debt discarded by China (and others) and why?
China sells treasuries for two reasons (1) to make themselves less vulnerable to U.S. sanctions and (2) to prop up their own weak, depreciating yuan and the associated flight of capital that accompanies it.
No hand wringing called for.