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US debt ceiling crisis gives China more cause to cut Treasury bond exposure, promote yuan as world currency

China has reduced its holdings of US Treasury bonds, which would lose value if the United States retained its debt ceiling. ....

Kevin Mccarthy , China News , Hina Update , S Debt Ceiling , S Treasury Bond Holdings , Us Treasury , Us Tresuries ,

China debt: government bonds defy global turbulence as US Treasuries lose 'safe haven role'

China debt: government bonds defy global turbulence as US Treasuries lose ‘safe haven role’
Chinese government bonds have defied the turbulence rocking peers from Australia to Europe, offering a port in the global reflation storm.
Foreign fund bought 93.6 billion yuan (US$14.4 billion) worth of Chinese debt in February, after adding positions at a record pace the previous month ....

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