China's reduced US Treasury Holdings impacting US long rates?
Is #China to blame for the rise in US long rates? China has cut its holdings in US Treasuries to $822bn, lowest level since 2009. Beijing has been selling $300bn in Treasuries since 2021, & pace of Chinese selling has been faster in recent months, Apollos's Slok has calculated.
China's reduction in US Treasury holdings to $822bn, the lowest since 2009, has raised questions about its impact on US long rates. With Beijing offloading $300Bn since 2021, experts like Apollos's Slok note an accelerated selling pace in recent months.