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Are the Chinese still buying these Treasuries? If not, who?

May 29th, 2009 · Comments Off on Are the Chinese still buying these Treasuries? If not, who?

As we just argued, our biggest worries at the moment is not inflation (some inflation would actually be welcome), it’s the risk that foreigners are not willing to finance the US deficits anymore, that is, they won’t buy sufficient amounts of Treasuries. That will send interest rates higher and could seriously choke any recovery…

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Tags: The Markets