The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

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 : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mishedlo who wrote (36530)	7/22/2005 10:57:25 AM
From: russwinter	Read Replies (3) of 110194

On the issue of the currency basket and Chinese reserve holdings, I don't think there is any doubt that it will have a strong pan-Asian flavor, with far less USD. Net net that means US Treasuries and agencies will not be rolled over as before, or will be rolled over at lower levels. This will result in a withdrawal of vendor financing for the US, and does not bode well for the interest rate complex. Just follow the next few auctions for confirmation of this. The Fed will now be forced into the monetization game, no more transferring of inflation abroad. Anybody found a good intra day yuan quote source?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next