Why China may be selling its U.S. debt
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China is the second-biggest foreign holder of U.S. debt, but its total holdings recently hit a low not seen since 2009. In this episode, we’ll talk through a few theories on why China appears to be offloading U.S. Treasurys. Could it be trying to pump up the value of the yuan? Or has China just hidden a bunch of Treasurys? Plus, big-box retailers renovate to draw in shoppers, the repossession industry faces a repo man shortage, and corporate earnings reports go better than expected.
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