China’s Secret Treasury Buying Spree Is Rewriting the Dollar-Yuan Playbook

China’s Big Banks Have a Secret Weapon Against the Yuan – And It’s Made in America  AT A GLANCE Chinese banks have been buying U.S. Treasuries for months, sources say, a previously unreported shift in strategy Dollar deposit rates for large balances have jumped from a 2.8% cap to above 3%, even near 4% at […]

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