The fact that Treasury supply is exceptionally light for this time of year would normally be a big deal for the markets, acting to support stock and bond prices. Not this time though. This is about what happens when a totalitarian government forbids the biggest players in its market from selling. Too bad for the rest of the world, in whose liquidity pool those China players also play.
Liquidity moves markets!Follow the money. Find the profits!
The next report for Treasury Investor Monthly subscribers will be posted at the end of August.
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