Russia, Japan, and the Fed dumped. So who bought?
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The “waterbed effect” of money flows.
So here are the charts.
Forget getting on a plane or high-speed train. It’s based on character and concocted from big data and artificial intelligence algos.
Japan systematically dumps US Treasuries while China hangs on.
But just because the contract was launched does not mean it will become dominant, or even relevant.
Corporate America fears that a Trade War would hit supply chains in China.
Wolf Richter with Jim Goddard on “This Week in Money.”
One mega-deal at a mega price. The rest was dreary.