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View Full Version : Yuan Forwards Show China May Buy Fewer Treasuries, UBS Says - Bloomberg



NewsWhore
03-25-2009, 01:31 AM
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Yuan Forwards Show China May Buy Fewer Treasuries, UBS Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601080%26sid%3DalQdCZFyS.0M%26refer%3Dasia&cid=1319023909&ei=48LJSZ3PEaSiwAHunKn5Dg&usg=AFQjCNF5DSWLcPiiaYY42p39ar4HNzdqWQ)
Bloomberg
By Patricia Lui March 25 (Bloomberg) -- Recent gains in yuan forwards show traders are betting China will scale back US Treasury purchases after calling for a new international reserve currency, according to UBS AG. Twelve-month offshore yuan forwards ...


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