Birdwatch Note Rating
2024-05-18 15:31:05 UTC - NOT_HELPFUL
Rated by Participant: 3A571926E64E7D7DAD6D3CD1C407E21CEEF37B38EF9C33F6777722ABEED1B5FF
Participant Details
Original Note:
Quite the opposite, China’s diversification is a shift from the risk of Mutually Assured Financial Destruction. China's footprint in the US bond market is very small. It owns less than 3% of outstanding Treasuries, the lowest in 22 years, & down from the record 14% in 2011. https://www.reuters.com/markets/rates-bonds/derisked-chinas-us-bond-footprint-fades-mcgeever-2024-01-25/
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