Well if China is growing suspicious US debt then this is a serious comment on the biggest economy and its debt Ive seen.
Chinese Caution on U.S. Debt Clouds Financing for Trump’s Tax Cut
By
Saleha Mohsin
and
Sahil Kapur
January 11, 2018, 2:50 AM GMT+10 Updated on January 11, 2018,
China could make it harder for U.S. Treasury Secretary Steven Mnuchin to finance budget deficits brought on by President Donald Trump’s tax cuts.
Chinese officials reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, Bloomberg News reported Wednesday. While it’s not clear whether the talk would lead to any concrete change, the news added to bond investors’ woes as global debt markets were already selling off amid signs that central banks are starting to step back after years of bond-buying stimulus.
