This week, a frisson passed through Treasury markets when it emerged that China has been selling US government bonds. These sales were not huge — a mere $20.5bn in March — nor were they made with accompanying public threats. But in the current protectionist climate, the news left investors pondering two unnerving questions. Could the current trade war turn into a capital and currency war? And if so, might that undermine the dominance of the US dollar?
上周，当manbetx3.0 近来一直在出售美国政府债券的消息传出后，美债市场惊起了一阵寒颤。减持规模并不大——3月份仅为205亿美元——且该举动也并非伴随着公开威胁。但在当前的保护主义氛围下，该消息让投资者开始思考两个令人不安的问题。当前的贸易战是否会演变成资本和货币战争？如果是的话，这是否会破坏美元的主导地位？
您已阅读10%（604字），剩余90%（5453字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。