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Mohamed A. El-Erian
@elerianm
Rene M Kern Prof of Prac at Wharton. Allianz Advisor. Gramercy Chair. Chair of UnderArmour Board. Former Pimco CEO/co-CIO and President of Queens' Col Cambridge
参加 July 2011
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Good morning. The attached, from the Bloomberg article "US-Friendly Nations Slash Treasury Purchases by 60%, Led by Asia," points to a development that I've been writing about: Historically dependable buyers and holders of US government bonds have been pulling back, driven by both local and global factors. As such, the buyer base has been shifting towards more tactical, short-term investors and traders. #economy# #markets# #bonds# #yields#
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