China’s Backdoor Bond-Buying Talk Swirls on $600 Billion Buildup

Source: Bloomberg ·

Like many on Wall Street, DoubleLine’s Vitaliy Liberman has made a habit out of keeping tabs on foreign ownership of US debt securities, looking for signs of any broad-based pullback in retaliation for Donald Trump’s zero-sum trade policies. Month after month, he noticed something peculiar.

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