Canadian Data Cast Doubt on China-US Bond ‘Conspiracy,’ NBF Says
Source: Bloomberg ·
Some bond-market watchers believe China is disguising the full extent of its ownership of US debt by holding hundreds of billions of dollars of securities through accounts in Canada. That idea is off base, according to research from one major Canadian bank.
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BestAIBroker analysis
- Finance-aware sentiment: neutral (+0.00 on a -1 to +1 scale).
- Event classification: OTHER.
- Market importance score: 37/100, weighting entity relevance, source credibility, multi-outlet coverage and recency.
- Symbols referenced: IP.