Birdwatch Note Rating
2024-05-19 06:09:03 UTC - HELPFUL
Rated by Participant: 9267C84604C2BA00DEC33824B28C20340D22135E1B594A8529F3486A0E979818
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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