China leads the economic cycle: China data shows levelling off, but yields are catching up with prior slide … and there is a shortage of ‘safe’ assets
Bond markets on track…yield drop about weak #China economy, not delta variant. See China 1-year yields and economic momentum index @johnauthers @rbrtrmstrng @gnoble79 @ttmygh @RealVision pic.twitter.com/KmtycfRfOy — CrossBorder Capital/ GLIndexes (@crossbordercap) July 20, 2021 china large cap ETF vs SPY …