Not China Dumping

Until the past week there was a relentless selloff in US treasuries that sent bond yields soaring.

Rumors and articles surfaced that China dumping Treasuries was the reason.

I discussed the situation on October 4 in Bond Bulls are Getting Crushed in a Relentless Selloff, It's Not China

Has China sold any US treasuries? Likely not. Much of what China holds is hidden in State Owned Enterprises and custodied Treasuries.