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"this can have the KnockOn effect of raising yields on US Government debt and because yields on US Government debt often determine interest rates of similar duration this could cause interest rates in the US to rise mainly long-term interest rates"
By
Coin Bureau
|
January 30, 2024
|
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Interpreted Prediction
PBOC defending the yuan could raise US Government debt yields and long-term US interest rates.
Prediction Details
Topic
China's Economy / Global Interest Rates
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