Hedge funds pose greater threat to US Treasuries than China ever did: McGeever
By Jamie McGeeverFor years, the biggest threat to the U.S. government bond market was supposedly China. Many feared a politically motivated fire sale by America’s adversary could destabilize the U.S. financial system. That never happened. But as Beijing has shed its Treasury exposure, a new — and a…
By Jamie McGeeverFor years, the biggest threat to the U.S. government bond market was supposedly China.
Many feared a politically motivated fire sale by America’s adversary could destabilize the U.S. financial system.
That never happened.
But as Beijing has shed its Treasury exposure, a new — and a…