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A comment on China Sells U.S. Treasuries to Support Yuan. Parent comment

Re:China Sells U.S. Treasuries to Support Yuan by forgetsusername on Thursday August 27, 2015 @11:18AM (#10129928)
>cause a drop in the stock market, as more cautious investors (retirees, etc), enticed by increased yields, reduce their stock market exposure

You've committed a fallacy: the overall stock market exposure cannot be reduced because those more cautious investors, moving their dollars to treasuries, have to sell the stock to someone else.

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Re:China Sells U.S. Treasuries to Support Yuan by jazzyk on Thursday August 27, 2015 @11:48AM (#10130108)
I said "THEIR market exposure".

Please read carefully before you comment.

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Re:China Sells U.S. Treasuries to Support Yuan by forgetsusername on Thursday August 27, 2015 @12:16PM (#10130302)
>"Please read carefully before you comment."

I'm saying THEIR market exposure is irrelevant. It's one stock owner or another.

The idea that "cautious" stock owners are going to dump shares at a loss to obtain a marginal increase in treasury rates is ludicrous.

Maybe you should understand before you comment (and down vote).

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