SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Galapagos Islands

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jorj X Mckie who started this subject7/17/2003 10:30:48 AM
From: zonder   of 57110
 
Interesting tidbit from today's Merrill Lynch Morning Market Memo:

As things already stand, our reliance on the good graces of foreign investors to hold onto U.S. debt securities (and at low interest rate levels relative to almost everywhere outside of Japan and Switzerland) is staggering. Japan now owns $429 bln of U.S. Treasury securities. China is next at $121 bln. In fact, of the $1.3 trillion of U.S. Government debt sitting in the hands of international investors, roughly $700 bln, or just over half, is concentrated in Asia. We note that in the past 3 months, foreign central bank buying of Treasuries has totaled around $40 bln, but that support is starting to wane somewhat based on the last couple of data points—and MoF data show that Japanese investors were net SELLERS of foreign bonds to the tune of $11.1 bln over the week to July 11th.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext