Trade War May Spur China to Sell Treasuries as Yuan Tumbles

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Trade War May Spur China to Sell Treasuries as Yuan TumblesIt’s seen as a nuclear option that would inflict more harm on China’s economy than America’s. The offshore yuan has slumped 2.4% this month as the trade standoff intensified, reaching the weakest since December. The specter of Treasuries being deployed as a weapon in the trade spat surfaced via a tweet from a Chinese journalist on Monday that said the nation’s scholars are “discussing the possibility of dumping” U.S. government debt.


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