More Kaplan: China support for yuan, shows capital outflow concerns - ConsultFX

More Kaplan: China support for yuan, shows capital outflow concerns

Buy yuan, sell dollars (and US assets) Kaplan is continuing to speak and says that China support for yuan shows capital outflow concerns.  If China is supporting the yuan, it is selling the USD and US assets. Bond prices and stocks are showing more selling of course.  Kaplan is concerned.