Surveillance: Invesco's Waldner Leans In and Buys Long-Bond Rout
As China adds to growth worries, there’s an argument for snapping up higher yields
Notwithstanding bustling scenes like these shoppers in a Shanghai mall, China’s economic recovery is facing deflationary pressures.
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Yesterday everyone was worried about who would step in to buy Treasuries at a time of growing US budget deficits and debt issuance.