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Lombard Odier expects no large-scale sale of China-owned UST bonds

Despite market concerns that China could sell US Treasuries to counter the negative impact of re-escalating trade tensions, Lombard Odier thinks this is unlikely to transpire. “Large-scale sale of US Treasury holdings would create more problems than it would solve, even risking a significant tightening of global financial conditions that could make global growth, China’s included, even more fragile,” the…

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