(Bloomberg) -- Treasuries were little changed, with
the two-year note's yield trading at a two-month high, as China
increased the amount its currency can appreciate.
A stronger yuan may reduce Chinese exports to the U.S. and
slow the accumulation of dollar reserves that can be invested in
Treasuries. China is the second-largest foreign holder of U.S.
government debt, with $420.2 billion at the end of March.
Read more at Bloomberg Bonds News
the two-year note's yield trading at a two-month high, as China
increased the amount its currency can appreciate.
A stronger yuan may reduce Chinese exports to the U.S. and
slow the accumulation of dollar reserves that can be invested in
Treasuries. China is the second-largest foreign holder of U.S.
government debt, with $420.2 billion at the end of March.
Read more at Bloomberg Bonds News
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