By Fred Imbert, CNBC
China, the biggest buyer of U.S. sovereign bonds, could be slowing down or even halting its purchases, according to a report.
Bloomberg News reported Wednesday, citing people familiar with the matter, that officials in Beijing have recommended the Chinese government lower — or even stop — its buying of U.S. sovereign debt.
The report also notes that Chinese officials think U.S. debt is becoming less attractive compared with other assets, adding that trade tensions between the two countries could provide a reason to slow down or halt the purchases.
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