> you don't have to sell your bonds to do that. You can just let your current bonds mature and not roll them
They're selling like $18bn a month [1]. That is 2% of the daily trading volume [2]. Until recently, the Fed was running off 4x as much [3]. (It's still, at $40bn per month, $25bn of which are Treasuries, running off more than China is selling.)
China is diversifying. But they're doing so about as cautiously as one could.
They're selling like $18bn a month [1]. That is 2% of the daily trading volume [2]. Until recently, the Fed was running off 4x as much [3]. (It's still, at $40bn per month, $25bn of which are Treasuries, running off more than China is selling.)
China is diversifying. But they're doing so about as cautiously as one could.
[1] https://www.bloomberg.com/news/articles/2024-05-16/china-sel...
[2] https://www.sifma.org/resources/research/us-treasury-securit...
[3] https://www.reuters.com/markets/us/fed-announces-reduction-b...