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(Reuters) Watch out for rising US Treasury yields: China central bank researcher

Posted on April 26, 2011 by Kendall Harmon

China needs to guard against volatility in US Treasury prices should investors demand higher returns from US government debt, a researcher at the Chinese central bank said on Monday.

Zhang Jianhua, a head of research at the People’s Bank of China, said worries that the heavily indebted US government may not repay its debt could drive Treasury yields higher and cause US debt prices to fluctuate.

Read it all (my emphasis).

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Asia, Budget, China, Credit Markets, Economy, Globalization, The National Deficit, The U.S. Government