THE TRUTH ABOUT THE CHINESE SELLING OF US TREASURIES
Out of the reported 22-23% drawdown in the Chinese holdings of US Treasuries over the past 2 years, around 15-16%-point is driven by mark to market effects.
Don't listen to people trying to claim otherwise.
Yes, China is… pic.twitter.com/kj2kFjz5eW
— AndreasStenoLarsen (@AndreasSteno) October 23, 2023
China sells the most US assets in 4 years, dumping $21 billion of US stock and Treasury bonds, per BI.
— unusual_whales (@unusual_whales) October 23, 2023