🚨 CHINA SETS ITS SIGHTS ON U.S. TREASURIES 🇨🇳💵
China has priced newly issued USD-denominated sovereign bonds in line with U.S. Treasuries—a rare and intentional step.
📊 Key points:
• 3-year bonds priced on par with U.S. Treasuries
• 5-year bonds offered at a +2 bps premium
• Structured to directly attract global dollar investors
⚠️ Why it matters:
This move goes beyond normal financing. It reflects a strategic signal from Beijing as it positions itself within global dollar markets amid a shift toward a more multipolar financial order.
💱 What to monitor:
Foreign exchange movements, demand for sovereign debt, and shifts in institutional capital allocation are now under closer scrutiny.
Bottom line:
China isn’t simply raising funds—it’s testing the benchmark. And global capital markets are watching closely 👀🔥