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4.8

Chinese banks buy US Treasuries as dollar deposits rise, sources say

Chinese banks have increased purchases of US Treasuries after raising dollar deposit rates, a move that could curb yuan appreciation amid rising US yields. The report is based on unnamed sources and lacks specifics on scale or timing, leaving the impact on FX reserves and capital flows uncertain. This signals a potential shift in China's reserve management toward supporting the dollar and easing pressure on the yuan.

Valor Econômico3 days agoCN, USCredibility 45%View source

Score Breakdown

Mosaic Score4.8
Confidence0.3
Significance0.5
Source credibility0.5

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