[ad_1]
"It's a round-up error." If the Chinese were going to show their dissatisfaction because of the tariffs, it's not there that they would, "said Andrew Brenner of the ##################################################################################### 39: National Alliance. "Would the Chinese prefer to have 2 years of treasure at 2.80 [percent yield] or German bunds at 2 years old at less than 0.53? China will not show its dissatisfaction in this place. "
Strategists say China is much more likely to retaliate against US tariffs by imposing its own tariffs on US products, which it did. Some market professionals believe that China would use its currency as a weapon before getting rid of its treasure.
"Until now, China's answers have suggested that they do not want it to go too far, if it becomes a total war, which is not yet the case, then There's no reason chief financial economist at Jefferies.
The yield at 2 years climbed to its highest point of the day, at 2.80%. "The market has traded a smidge," McCarthy said. "But we were at the bottom of the day, so far it does not have much effect."
Source link
