Who has the real leverage on US Treasuries?

China's purchase of more than $1 trillion of US Treasuries is a double-edged sword; if Beijing sells out the move could harm them badly, but with Trump seeking a weaker dollar, Asia's Treasury hoarders need a way to reduce their dollar habit

October 18, 2018 2:13 PM (UTC+8)
Happier times: US President Donald Trump and First Lady Melania visit Beijing's Forbidden City with China's President Xi Jinping and China's First Lady Peng Liyuan. Photo: Reuters / Jonathan Ernst
Happier times: US President Donald Trump and First Lady Melania visit Beijing's Forbidden City with China's President Xi Jinping and China's First Lady Peng Liyuan. Photo: Reuters / Jonathan Ernst
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