Thankfully; one thing being here in china is hearing real news, otherwise... I might have to agree with you! however, the last time we were at this raod in 2013, we can clearly remember him saying that it would be bad for the markets right? look at the results then to now!
Public announcements are that China has increased its treasury holdings bigger than ever before... China is buying up the property markets, so higher yields are only in there own best interest...
I know, for a fact that the FED was gettign the money from the China government to restore order globally, build up so called energy saving monopolies... however, they were all driven by one thing! money from the china government. we should all thank them for keeping food and order globally on on tables.
history being our guide, what do hiher yields equal for the stock market. especially if china is stopped the pump and returned to by treasuries?
