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To: Goose94 who wrote (18595)5/20/2016 10:11:21 AM
From: Goose94Read Replies (1) | Respond to of 203442
 
Foreign Central Banks Jettisoning US Debt at Alarming Pace; Buying Gold

U.S. Debt Dump Treasury money.cnn.com

Central banks sold off a net $17 billion in US Treasury bonds in March. Sales set a record in January, hitting $57 billion. China, Russia, and Brazil led the way, each dumping at least $1 billion in US debt in March alone.



So far in 2016, global central banks have jettisoned $123 billion in US debt. Last year, they sold off $226 billion. According to the Treasury Department, central banks are selling US Treasuries at a pace not seen since at least 1978.