Showing posts with label US Government Debt. Show all posts
Showing posts with label US Government Debt. Show all posts

Saturday, October 18, 2014

U.S. Debt Held by Foreigners Hits Record $6.07 Trillion

This is not going to end well.

Foreign holdings of U.S. Treasury securities hit a record high $6.07 trillion in August.

Japan added more than $11 billion to its stockpile,while China and Belgium, a proxy trader for Beijing, added a net $12 billion to its holdings.


If foreign countries stop buying US debt, never mind selling any off, it is going to be a disaster for US bond markets.