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Foreigners Are Dumping Record Treasuries — Is This the End?!
Foreign governments are selling large quantities of Treasury securities, including the Chinese. Several commentators have therefore suggested there is a growing probability China devalues the yuan. While all of these results and possibilities are indeed related, not all foreigners are selling dollar assets. According to the same data, this group has been a buying hand over fist.
Eurodollar University's conversation w/Steve Van Metre
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
The skinny
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