September 26, 2016
Treasuries resumed their rally, pushing benchmark yields to the lowest in two weeks, as investors retreated to safer assets as they awaited a presidential debate that could influence the outlook for U.S. policy for years to come.
Holders like China and Japan have culled their stakes in Treasuries for the last 3 quarters, the most sustained pullback on record, based on the FED's official custodial holdings. The decline has accelerated in the past 3 months.
Asian stocks fell the most in two weeks as Chinese shares slumped before a week-long holiday and amid uncertainty over whether OPEC will be able to curb output that's pushed down oil prices.
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