Stagflationary Data Will Hurt Risk Mood: 3-Minutes MLIV
Bloomberg Television·2026-02-09 08:32
I want to start with this China story on treasuries, not a big market reaction. Are we going to get a bigger one as this story develops. Yes, I think this is a real grower of the story.I understand why there has not been a panicked reaction. This is China warning banks to basically watch out for their concentrated exposure to treasuries and trim where it's excessive. Not for state banks.It is really just a kind of warning to the market. And it happened a couple of weeks ago. So during kind of the Greenland ...