Is China Dumping US Treasuries

HFA Padded
Rupert Hargreaves
Published on
Updated on

According to research from several sources, as well as market data, it looks as if China, the largest holder of US government debt, is dumping Treasuries at an alarming rate, in an attempt to support the yuan. Following the surprise devaluation of the yuan two weeks ago, the People’s Bank of China has been selling dollars and buying yuan to support the yuan’s exchange rate. Figures suggest that this policy has cost the Chinese central bank $315 billion in foreign-exchange reserves over the last 12 months. It’s estimated that a continuation of this policy to support the yuan will cost China’s central bank…


Login if you are HedgeFundAlpha Subscriber.

HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk

Comments are closed.