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China moves in to scoop US Treasuries as Norway sours on US debt

US government debt is drawing mixed signals from two of the world’s largest wealth reserves this week as Chinese commercial banks have chosen it as the antidote to a rising yuan while Norway’s $2.3 trillion sovereign fund recommended reducing Treasury exposure to its government. The perception around US debt matters as much at home as...

China moves in to scoop US Treasuries as Norway sours on US debt