4 ms·
A little out of date. The trend of USD higher means China doesn't have to buy as much treasury. In fact I think recently bloomberg reported China is not a hug
by banku_brougham 12y ago
A little out of date. The trend of USD higher means China doesn't have to buy as much treasury. In fact I think recently bloomberg reported China is not a huge net buyer these days. I guess you would like citations, but here's the bottom line:
The US ten-year is < 2%. Bunds are _negative_ rate out to 7 years. Rates are sinking worldwide, and the U.S. isn't producing enough paper to satisfy demand. So what you said doesn't make sense.