Data Point: China is Selling a lot of Treasuries.
Some were not sure if the decreasing value of China’s Treasury holdings was a byproduct of the country marking their portfolio to market, or from actual sales.
Nice little thread by Santiago Capital in which he notes an error in interpreting data on China’s UST portfolio. This is important in our little world (of China bashing Gold haters, and Dollar bashing Gold Bugs) as some were not sure if the decreasing value of China’s Treasury holdings was a byproduct of the country marking their portfolio to market, or…