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COMMENT: Beijing’s T-bond trim indicative of an eventual dollar dump Chinese banks trimming their dollar bond holdings, whilst not constituting an outright 'dollar dump' - yet - must still be seen as evidence of a slow-moving decoupling from the US currency.

Chinese banks trimming their dollar bond holdings, whilst not constituting an outright 'dollar dump' - yet - must still be seen as evidence of a slow-moving decoupling from the US currency. Bne IntelliNews #Beijing #DollarDump #ChineseBanks #Tbond #CurrencyDecoupling

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Last week had Weekly Key Reversals Down in #USDTHB, #EURRON, #USDPLN & #USDSGD (both Immediate Countering), #USDHUF, #USDKRW (Compound), #USDRUB, #Futures on US #TNote & #TBond, UK #Gilts, #Brent / #Gasoil Spread & Paris Milling #Wheat!

Treasury bond, or T-bond, are long-term debt securities issued by the U.S. Federal government, with maturities of either 20 or 30 years. #finsurlog #finance #Treasurybond #Tbond
Read more at: finsurlog.com/what-is-trea...