Mar.05 — Scott Thiel, deputy fixed income chief investment officer at BlackRock, discusses Chinese bonds and Treasury Inflation-Protected Securities. He speaks on “Bloomberg Daybreak: Europe.”…(read more)
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If people start collateralizing their national currencies using Chinese 10 year bonds yielding at 2% as reserves, how will the United States react?
If you buy Chinese bonds I got a bridge for you.
Their dual mandate is full employment and price stability….not full employment and inflation…