Maybe China is a source of the recent move higher in treasury yields?
— The Kobeissi Letter (@KobeissiLetter) October 3, 2023
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 AI “report”
https://a.tldrnewsletter.com/web-version?ep=1&lc=ede4ca28-74b8-11ed-a4ea-5b09002d63dd&p=a67ae2e8-49f9-11f1-8328-...