Author

Topic: NEWS: China divests 97% of short-term treasuries (Read 1223 times)

hero member
Activity: 700
Merit: 500
http://cnsnews.com/news/article/china-has-divested-97-percent-its-holdin

Tell me this isn't as big a deal as I think it is...

Wouldn't you want to relieve yourself of the longer dated first if you were leaving altogether?

Maybe they just have something better to use the money on than getting virtually 0% interest?

I can't get the article to load, but that certainly makes sense to me, unless there is a different reason than what we think.
hero member
Activity: 1148
Merit: 501
It's ok.  The fed can just print money and buy some from the goldman sachs at an inflated price so their ceos can get bonuses.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
http://cnsnews.com/news/article/china-has-divested-97-percent-its-holdin

Tell me this isn't as big a deal as I think it is...

Wouldn't you want to relieve yourself of the longer dated first if you were leaving altogether?

Maybe they just have something better to use the money on than getting virtually 0% interest?
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
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