Birdwatch Note Rating
2024-05-18 16:12:06 UTC - HELPFUL
Rated by Participant: B91956B72063A58746EC9F0D7331721744E748212EFF120C4CC8F7A0055EBF65
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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