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Originally Posted by X
That's a bunch of crap.
The reason the yield of the 10 year T-note went down so much today is because there is such high foreign demand for it. The Chinese aren't the only players and they don't have a lot of alternatives anyway.
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the market went down today and people usually flock to bonds in a down stock market. It's not like the whole world has to stop investing in T-Bills. Just a small percentage is big enough to send rates higher.