China to liquidate US Treasuries

[jdme]

Self edit.........

 

[lem34]

Surely you are not worth anything fancy. If you didn't get the message by now, you never will.

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And you have yet to post one comment on topic!

get back on topic jdme and stop talking out of your backside

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Clearly beyond you...How are those one syllable words coming? A, b, c, d...

see what i mean

 

[fd24]

get back on topic jdme and stop talking out of your backside

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see what i mean

Cardsharp and Aryan_B

Be gentle with the jdme. He has been a good lad for a couple of weeks and hasnt been off thread. Give him a break

 

[CardSharp]

I bumped into this on one my news feeds and I thought of this thread.



China Boosted Holdings of Treasuries to Highest Since October - Bloomberg



excerpts....

“Foreign purchases were still a little less than expected in July, which is a shame for foreigners because the value of Treasuries rose tremendously,” said Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott LLC in Philadelphia.

A shame for foreigner who aren't China!

Treasuries returned 1.8 percent in July and gained 2.8 percent last month, according to a Bank of America Merrill Lynch index. Bonds gained partly on demand for a refuge from the impasse over the federal debt limit. Obama signed a bill raising the ceiling Aug. 2.

a 4.6% gain on 1.18 trillion is a lot of money! 46 billion dollars in 2 month....

 

[HongWu]

Very smart..... pretend to "liquidate" and then buy them up for cheap when others in the market panick.

 

[lem34]

Very smart..... pretend to "liquidate" and then buy them up for cheap when others in the market panick.

even smarter get rid of us dollars without market knowing what you are doing lol