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Wednesday, June 27, 2018

Russia Dumping US Treasuries Is China Next?


Recent official reports reveal Russia has sold off 50% of their US Treasury holdings​, which normally should push interest rates higher. 

But the world's attention is now shifting to the escalating tariff and trade war between Trump & China: Will the Chinese retaliate with massive dumping of US Treasuries? 

The sheer scale and volume of China's potential glut of US Treasuries could makes Russia's recent action pale in comparison. Is China poised to trigger a major credit and derivative crisis?