China’s Treasuries Hoard Seen as Next Line in the Sand After Yuan’s Drop
- ‘You can’t rule out the Treasuries option,’ says Stephen Roach
- Nordea’s Galy watching U.S. debt auctions for pullback signs
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The yuan’s decline to a decade-low has analysts and investors casting a wary eye toward China’s $1.1 trillion pile of U.S. Treasuries.