The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RetiredNow who wrote (260988)	7/16/2010 10:09:14 AM
From: Les H	Read Replies (2) of 306849

China reduces US Treasury debt holdings in May Associated Press Posted on July 16, 2010 at 9:03 AM WASHINGTON (AP) — China reduced its holdings of U.S. Treasury debt in May as total foreign holdings of government debt posted a slight increase. The Treasury Department says China's holdings fell by $32.5 billion to $867.7 billion. Total foreign holdings edged up a slight $5.8 billion to $3.96 trillion. The drop in China's holdings and the weak showing overall was a surprise. Analysts expected a sizable gain because they thought foreign investors would seek the safety of U.S. Treasury debt, responding to fears over the European debt crisis. kmov.com

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