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News Link • China

Is China Selling Treasuries?

• https://www.zerohedge.com, by Tyler Durden

Treasury yields are spiking notably today with 30Y back above 3.00% and 10Y yields at 2.83% are near 3-week highs and along with the dismal indirect bids in the latest 3Y and 10Y auctions (i.e. foreigners not buying), some are suggesting today's move could be the start of China's move to unwind its Treasury holdings.

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