– Is China Dumping German Paper Now? Bund Prices Are Collapsing (ZeroHedge, Aug 31, 2015):
German bonds are under significant pressure again this morning – despite equity weakness and US Treasury strength. This raises the rather interesting question of whether – after decimating Treasuries last week, is China turning to its Bund holdings and liquidating them to raise cash?
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China is looking to shore up its market with US treasuries and German securities. I don’t believe the Chinese are seeking to ruin anyone’s securities, they need the money……..