3 ms·
<7%? You must be REALLY misreading the data. China now holds <$900B in treasuries. Their official reserve number is over $3T, I'd argue it's probably $1.5T. It'
by neural_thing 4y ago
<7%? You must be REALLY misreading the data. China now holds <$900B in treasuries. Their official reserve number is over $3T, I'd argue it's probably $1.5T. It's never gone as low as 7%, not even close lol
Source on china Treasury holdings - https://ticdata.treasury.gov/Publish/mfh.txt https://ticdata.treasury.gov/Publish/mfh.txt
Source on offical China reserves - https://tradingeconomics.com/china/foreign-exchange-reserves https://tradingeconomics.com/china/foreign-exchange-reserves but as I mention, I don't trust this
- neural_thing 4y agoLike, for real, look at the chart in your link. It shows agency debt as being much smaller than Treasury notes and bonds.