[PeterPrinciple]

That means that all dollar denominated assets rise in value. The Chinese and the Japanese each figure that buying US treasuries is now the safest bet around to pad their reserves

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But the counter to that is if you buy bonds and the interest rates go up, you bonds are worth less. on the other hand if they are short term bonds which is most likely you reinvest when int rates are higher.

Nothing is ever certain with climate or people or finance..........but place your bet.

[ckilmer]

on the other hand if they are short term bonds which is most likely you reinvest when int rates are higher.
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I think these are what they are buying.