It wouldn't be noteworthy (in the macro sense) except it is such a large asset class: estimated at between $52 Trillion and $60 Trillion. That compares with the total outstanding U.S. Treasury market of $30.4 Trillion.
From Caixin Global April 8 via Dan Collins Twitter :
— Dan Collins (@DanCollins2011) April 8, 2022
Yesterday via Mr. Collins:
People Are Breaking Curfew And Looting Grocery Stores In Shanghai
