Mike Shedlock argues China is not meaningfully dumping U.S. Treasuries, but masking its holdings from standard visibility. He says the debt is held via state-ow

Mike Shedlock argues China is not meaningfully dumping U.S. Treasuries, but masking its holdings from standard visibility. He says the debt is held via state-owned entities and shows up through Europe and the Cayman Islands instead of U.S. exchanges.