Thursday, May 19, 2016

U.S. Debt Dump Deepens In 2016
CNN article highlights how central banks are selling U.S. bonds at a record pace .. "China, Russia and Brazil sold off U.S. Treasury bonds as they tried to soften the blow of the global economic slowdown .. So far this year, the global bank debt dump has reached $123 billion. It's the fastest pace for a U.S. debt selloff by global central banks since at least 1978, according to Treasury Department data published Monday afternoon."
LINK HERE to the article

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