China’s Mountain of U.S. Government Bonds Shrinks for Fifth Straight Month
[BLT]FQX
外汇储备数据出来了，证实了正在抛美债救人民币。
12-month rolling net sales of U.S. Treasury bonds by China
The yuan is likely to fall in 2019, moving beyond seven to the dollar and ending the year at around 7.1, according to J.P. Morgan economists and strategists, driven largely by the trade dispute with the U.S. The strategists expect China’s foreign-exchange reserves to shrink moderately, from $3.04 trillion at the end of this year to $2.89 trillion at the end of 2019.
Other analysts agree that the yuan will break past seven to the greenback; Daiwa Capital Markets, Bank of America Merrill Lynch and Goldman Sachs expect the currency to pass that level at some point in the next year.
