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All the Chinese have to do is let their UST holdings run off as they mature over time, use the proceeds to buy whatever they want outside the US, and insist tha
by saretired 10y ago
All the Chinese have to do is let their UST holdings run off as they mature over time, use the proceeds to buy whatever they want outside the US, and insist that new US contracts be priced in RMB. If China stops rolling its short term UST, interest rates will soar.