The biggest news today comes from China, which has announced it will "slow or halt" US Treasury purchases. This is the so-called NUCLEAR option: the threat by China to stop buying US debt. And it's an absolute game-changer. Yields on the 10-Year Treasury spiked on the news as investors dumped Treasuries.
This could very well be what bursts the EVERYTHING Bubble.
Nessun commento:
Posta un commento