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Economy
China Starts Dumping U.S. Government Debt
2015-10-08
h/t Instapundit
Central banks around the world are selling U.S. government bonds at the fastest pace on record, the most dramatic shift in the $12.8 trillion Treasury market since the financial crisis.
Posted by:g(r)omgoru

#8  China's been dumping Treasuries through a Belgian company for months now.
Posted by: Raj   2015-10-08 22:35  

#7  The whole reason they've kept the debt bond, and subsequently interest rates, so low this long is because of the massive amounts of debt bonds held by overseas 'entities'.

If the Fed raised the rates, the bonds gain immediate value and 'some' folks will try to cash in, therefor costing us a LOT more than the original bond tender $$.
Posted by: Mullah Richard   2015-10-08 22:14  

#6  Tom: " Finally we get a glimpse of higher interest rates!"

Where do you see higher interest rates?
U.S. Treasury rates are lower than a month ago. (Link)
Posted by: Chuck   2015-10-08 17:31  

#5  The Chinese banks--doing the job the US Fed won't do. Posted by Tom

Exactly correct! Who knew ?
Posted by: Besoeker   2015-10-08 14:27  

#4  At a low enough price (i.e., high enough yield), there will be buyers. Finally we get a glimpse of higher interest rates! The Chinese banks--doing the job the US Fed won't do.
Posted by: Tom   2015-10-08 14:25  

#3  Yeah, but who's buying?
Posted by: Ebbang Uluque6305   2015-10-08 12:16  

#2  China needs hard cash to keep propping up its crumbling economy and selling bonds is a good way to do that.
Posted by: DarthVader   2015-10-08 10:22  

#1  Tired of Obean and the Fed inflating the currency, are they?
Posted by: gorb   2015-10-08 05:36