As feared, foreign bond holders have begun to exercise a collective vote of no confidence in the devaluation policies of the US government. The Federal Reserve faces a potential veto of its rescue measures. Asian, Mid East and European investors stood aside at last week’s auction of 10-year US Treasury notes. “It was a disaster,” said Ray
read more | digg story
Saturday, March 22, 2008
Foreign Investors Systematically Dumping US Treasuries
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment