Foreigners Now Dumping US Government Debt (03/18/2016)


Foreign governments are dumping US government debt at a record pace.

From CNN:

In a bid to raise cash, foreign central banks and government institutions sold $57.2 billion of U.S. Treasury debt and other notes in January, according to figures released on Tuesday. That is up from $48 billion in December and the highest monthly tally on record going back to 1978.

It's part of a broader trend that gathered steam last year when central banks sold a record $225 billion of U.S. debt.

Full story here.

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