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RE: The Fundamentals of the Bond Market.
Thank you for explaining what the bond is. By the way, who is the counterpart when China dumps US T bonds?
Thank you for explaining what the bond is. By the way, who is the counterpart when China dumps US T bonds?
Hi @sryutaro, the secondary market is the counterpart. The Chinese would probably be calling the major bond market market-makers or inter-dealer brokers. Ultimately all other investors would be buying from the Chinese but most probably at a much lower price.