🚹 CHINA SETS ITS SIGHTS ON U.S. TREASURIES đŸ‡šđŸ‡łđŸ’”

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.

đŸ’± 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 đŸ‘€đŸ”„