Treasury Bonds: Why China’s ‘Nuclear Option’ Isn’t So Scary
by Charles Hugh Smith on Oct.04, 2010, under Towing
China’s holdings of U.S. Treasury bonds are so huge that they’d be a financial “weapon of mass destruction” if Beijing were dump them all quickly. But a closer look at the data and some recent trends suggests that China’s power in this regard is overrated.
Continue reading Treasury Bonds: Why China’s ‘Nuclear Option’ Isn’t So Scary
Treasury Bonds: Why China’s ‘Nuclear Option’ Isn’t So Scary originally appeared on DailyFinance on Mon, 04 Oct 2010 11:00:00.
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