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National Bank Financial (NBF) Research refutes the "conspiracy theory" that China is hiding its U.S. Treasury holdings through Canadian accounts.
National Bank Financial (NBF) research expresses skepticism regarding the view held by some bond market observers that China holds hundreds of billions of U.S. Treasuries through Canadian accounts to obscure its true holdings. NBF states there are more plausible explanations for the significant increase in Canada's U.S. Treasury holdings and the decrease in China's.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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