Ex-IMF Official Warns US Bond Market Flashing ‘Troubling Signs’ As China Reportedly Urges Banks To Limit Exposure to Treasuries – The Daily Hodl
A former International Monetary Fund (IMF) senior official is issuing a warning on US Treasuries amid reports that China is advising its banks to cut their holdings of US government debt. Ex-IMF deputy director Desmond Lachman says there are “troubling signs” emanating from the US treasuries market as the long-term treasury bond yields fail to…