While you were sleeping: Treasuries slide as China adds to concern

Wed, 10 Jan 2018

By Margreet Dietz Jan. 11 (BusinessDesk) - US Treasuries slid amid concern demand for the securities is fading. China added to bond investors’ jitters on Wednesday as Bloomberg reported, citing people familiar with the matter, that senior government officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of US Treasuries. It isn’t clear whether the officials’ recommendations have been adopted, according to Bloomberg. US Treasuries fell, sending yields on the 10-year note th...

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