Good thing Russia never held as many Treasuries as China and Japan. The scenario would have been different.
How the US Trade War with China over autos stacks up against the Trade War the US Lost against Japan.
Was “QQE” just a pretext for bringing the government bond market under absolute control to avoid a Greek-style debt crisis?
Russia, Japan, and the Fed dumped. So who bought?
Japan systematically dumps US Treasuries while China hangs on.
This is the big one. It makes steel and aluminum tariffs look like a game.
First decline in its colossal balance sheet since 2012.
No flashy announcement, to avoid alarming the markets.
Even from Japan! Its export producer prices are jumping.
Second major scandal involving a steel supplier of reactor components.