Fastest Selloff of U.S. Debt Since 1978






Fastest Selloff of U.S. Debt Since 1978


May 17th, 2016

Via: CNN:

Central banks are dumping America’s debt 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. They each sold off at least $1 billion in U.S. Treasury bonds in March.

In all, central banks sold a net $17 billion. Sales had hit a record $57 billion in January.

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.















<!–

–>











<!– AD CAN GO HERE

Buy gold online - quickly, safely and at low prices

END: AD CAN GO HERE –>

Leave a Reply


You must be logged in to post a comment.







Source Article from http://www.cryptogon.com/?p=48827

You can leave a response, or trackback from your own site.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes