Auerback: News Flash– China Reduces US Treasury Holdings, World Does Not Come To an End
By Marshall Auerback, a portfolio strategist and fund manager who writes at New Deal 2.0 In a post titled “China Cuts US Treasury Holdings By Record Amount,” Mike Norman makes the excellent observation that while China is moving its money out of Treasuries, interest rates are hitting record lows. In other words, the sky still … Continue reading Auerback: News Flash– China Reduces US Treasury Holdings, World Does Not Come To an End
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