Japan, not China, might have the incentive to sell its U.S. Treasury holdings
With China and Japan holding the most U.S. Treasury Securities, BCA Research’s Garry Evans thinks Japan might pose a bigger problem.
➡️ Speculations about China selling their U.S. Treasury holdings arose as a means to hit back at the reciprocal tariffs but many believe China would “shoot themselves in the foot” if they do so.
➡️ As markets remain volatile, Nippon Life may choose to sell their Treasury Securities due to “economic worries” even if the Japanese government advises them not to.
If you want to know more about the Treasury sell-off, read here: https://cnb.cx/42DMBTJ
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