China cuts US Treasury holdings to lowest level in 18 years - thecradle.co
China cuts US Treasury holdings to lowest level in 18 years - thecradle.co
Source: thecradle.co
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DW NOTE
China has cut US Treasury holdings to an 18-year low while the Fed is hiking into an energy crisis and the 10-year yield sits at 5%. Beijing is not guessing about dollar stability — it is pricing in the fiscal arithmetic of a government running trillion-dollar deficits while fighting a two-ocean containment strategy. When your largest creditor stops rolling over the debt, the yield curve is not your friend.