Comment on Is US monetary policy Made in China?

Is US monetary policy Made in China?

One academic argues that China selling $60bn of Treasury bonds a month raises US yields by 10 basis pointsFor much of the year, investors have been fixated on when the Federal Reserve will achieve “liftoff” – that is, when it will raise interest rates by 25 basis points, or 0.25%, as a first step toward normalising monetary conditions.

 

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