Article

2015-10-08 Economy

China Starts Dumping U.S. Government Debt

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Posted by g(r)omgoru 2015-10-08 03:47|| || Front Page|| [11132 views ] Top

#1 Tired of Obean and the Fed inflating the currency, are they?

Posted by gorb 2015-10-08 05:36|| 2015-10-08 05:36|| Front Page Top

#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|| 2015-10-08 10:22|| Front Page Top

#3 Yeah, but who's buying?

Posted by Ebbang Uluque6305 2015-10-08 12:16|| 2015-10-08 12:16|| Front Page Top

#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|| 2015-10-08 14:25|| Front Page Top

#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|| 2015-10-08 14:27|| Front Page Top

#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|| 2015-10-08 17:31|| Front Page Top

#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|| 2015-10-08 22:14|| Front Page Top

#8 China's been dumping Treasuries through a Belgian company for months now.

Posted by Raj 2015-10-08 22:35|| 2015-10-08 22:35|| Front Page Top

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