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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (19439)	10/23/2003 6:40:35 PM
From: sea_urchin	Respond to of 81961

Phil > foreign banks holding of US treasuries is declining >>>The Federal Reserve said on Thursday its total holdings of Treasuries and agencies for foreign central banks dropped $6.92 billion to $993.25 billion as of Wednesday, Oct. 22 compared to the prior Wednesday. A year ago that figure stood at $803.48 billion.<<< Interesting, but foreign holdings are still 24% more than last year. And, to add to the confusion, Treasuries went up during the period when the sell-off took place. stockcharts.com[l,a]dalaynay[de][pd150,2][ilb14!la12,26,9] I wonder if you saw this? >>>Recently, Japan has remained aggressive in its purchases of dollars to prevent yen strength that is viewed as constraining economic growth through exports.<<< Considering all the US debt and its failing economy, many would consider this a very silly thing to do.