China's Demand for Treasuries Slowing, SocGen's Rajappa Says

The video discusses the recent auction of U.S. Treasuries, focusing on the buyers involved, such as primary dealers and indirect bidders, and the implications of foreign demand. It highlights the trends in foreign investment, particularly China's declining FX reserves and demand for Treasuries. The analysis extends to auction yields, noting their highest levels since 2008. The video also explores the relationship between the dollar and exchange rates, emphasizing structural adjustments in currencies like the yen and euro, and the impact of synchronized G10 policies.

What is the significance of the relationship between the dollar and front-end yields?

What structural adjustments are occurring in the currencies mentioned, and what might be causing them?