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
Stark data center realities
https://www.zerohedge.com/technology/explosion-data-centers-fueling-third-wave-inflation?utm_source=daily_newsletter&...