Anyone know the average duration of China’s US treasuries?
If they dump a trillion while Yellen is trying to dump a couple trillion, boy howdy that could get interesting. Would be a hell of a thing for an incumbent president to face in an election year.
No idea.
According to Bard, 7.2 years is the average. Who knows how accurate that is.
If someone wanted to cause a disruption I agree this would be an excellent time to do it, as you say.
What are you thinking in relation to that duration?
Has to be a good chunk of 10y plus I’d think. Could shake things up with rates.
I have no clue how it would play out.
Do we already know what durations Yellen is mainly going to issue?
I would think longer durations since yields are lower.
In my mind, if China were to sell a bunch of treasuries with similar duration, that should make yields on those durations spike.
