Monday, June 23, 2008

The Debts of the Lenders: Asians Retreat from US Bonds

It's finally happening. Poor yields - especially after accounting for high inflation - are forcing Asian institutions to leave the US bond market. It is estimated that these investors own 28 percent of all US debt.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aflQKJfJJcN4&refer=home
Posted by In Debt We Trust at 9:48 AM

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