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by TurdF3rguson 152 days ago
On the other hand, China sold off most of theirs and nobody even noticed. I think you're exaggerating both how much EU holds and the potential effects of them selling it.
2 comments

China sold off their holdings pretty slowly as they didn’t want to drive the price down
Deutsche Bank made a statement recently that Europe holds about double what the rest of the world does combined in US bonds and equity.
Europe holds $8 trillion out of 38 trillion… they can move the market
Sure but we were talking about just debt. Also the "rest of the world" is basically just China. I don't think it's a shocker that China isn't interested in betting on US companies.
Nah, China only holds about 600bn these days. Besides European sovereign holdings, most of the rest would be non-sovereign.
Yup, that's my point. They sold off lots of debt and nobody noticed so EU doing the same won't matter.
>and nobody noticed

You didn't notice. Look at the interest rate chart[1]

[1] https://fiscaldata.treasury.gov/interest-expense-avg-interes...