Geopolitical events are usually bullish for US Treasuries, as investors take refuge in US Government debt. But not when such events directly involve the US -- the world's second largest economy -- and its allies on the one side, and China, the world's second largest economy and a major holder of US Treasuries, on the other.
Geopolitical events are usually bullish for US Treasuries, as investors take refuge in US Government debt. But not when such events directly involve the US -- the world's second largest economy -- and its allies on the one side, and China, the world's second largest economy and a major holder of US Treasuries, on the other.
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