That the Fed is buying every newly issued US government bond, the reality is that the US no longer needs foreign creditors: after all it has an activist Fed which monetized the deficit, and buys ever dollar in debt issued by the Treasury.
Foreigners Dump US Treasurys In August, China's Holdings Drop To Almost 4 Year Low
| Source: | https://www.zerohedge.com/markets/foreigners-dump-us-treasurys-august-chinas-holdings-drop-almost-4-year-low |
| Published: | Oct 16, 2020 |
| Author: | Tyler Durden |
| Post Date: | 2020-10-16 20:44:25 by Horse |
| Views: | 68 |