Wednesday, April 15, 2009

The Debts of the Lenders: Asia Re-Affirms Commitment To Treasuries In TIC Data

Despite months of angry rhetoric about the debasing of the US dollar China continued to purchase bonds throughout February 2009. Hong Kong and Caribbean banking centers registered increases in treasury purchases (2 widely acknowledged Chinese "backdoor" capital outlets).

The biggest increase in Treasury purchases was Japan at + 27 billion and comprised the largest increase in Asian acquisitions.



Blog Archive