Foreigners cut treasury stakes; rates could rise
The $53 billion decline in holdings of Treasury bills came primarily from a drop in official government holdings. They fell by $52.3 billion. Holdings of foreign private investors dropped by $700 million in December.
Can’t help but wonder if rates will be forced up and bonds will become very unpopular to hold.
[audio src="http://www.netcastdaily.com/broadcast/fsn2010-0213-5.mp3" /]
The Municipal bond crisis is aboiut to begin.
Excellent subject, but this thread is redundant. I suggest continuing the discussion in the other thread where the subject is already under discussion here: https://www.peakprosperity.com/forum/foreign-demand-us-treasurys-takes-record-fall/35495