SeaNN (seann) wrote,
SeaNN
seann

Oops

It's Official: China Confirms It Has Begun Liquidating Treasuries, Warns Washington

Back in July for instance, we noted that China had dumped a record $143 billion in US Treasurys in THREE MONTHS.
We followed all of this up this week by noting that thanks to the new FX regime, China has likely sold somewhere on the order of $100 billion in US Treasurys in the past TWO WEEKS alone.

EM currencies are in free fall which means that it's not just China that's in the process of liquidating USD assets. 
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