Media Center » Articles & Insight
Long Term Interest Rates - Watch China
Published on: March 16, 2009
China is engaging in some sabre rattling with comments about its holdings of US Treasuries. China is the single largest holder of US treasuries. If China sells, long term interest rates will be under pressure to go up.
“The US sought to ease Chinese Premier Wen Jiabao’s concern about the security of his country’s investments in US government debt,
reiterating pledges to cut the budget deficit in half in four years.”
Recent