https://www.bloomberg.com/news/articles/2018-01-10/china-officials-are-said-to-view-treasuries-as-less-attractive
China added to bond investors’ jitters on Wednesday as traders
braced for what they feared could be the end of a three-decade bull
market.
Senior government officials in Beijing reviewing the
nation’s foreign-exchange holdings have recommended slowing or halting
purchases of U.S. Treasuries, according to people familiar with the
matter. The news comes as global debt markets were already selling off
amid signs that central banks are starting to step back after years of
bond-buying stimulus. Yields on 10-year Treasuries rose for a fifth day,
touching the highest since March.
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