The Chop Suey Field of the Yield

Written by Michael E Dehn

Founder and CEO of Metro Pulse a continually running enterprise since May 1980.

October 3, 2023

Maybe China is a source of the recent move higher in treasury yields?

According to Apollo, China has sold $300 billion in US Treasuries since 2021.

This includes $40 billion since April 2023 as the pace of their selloffs has accelerated.

Slowing growth in China prompting this… pic.twitter.com/OiQkL2zdco
— The Kobeissi Letter (@KobeissiLetter) October 3, 2023