Tuesday, August 16, 2011

Who Is Going To Buy US Bonds?

The US Dollar took a tumble on Monday and continues overnight.We can only assume that the Fed will buy these treasuries. There are almost no buyers of US securities on Monday.

NEW York Aug 15 (Reuters) - The U.S. Dollar fell to a session low against the euro on Monday after data showed foreigners were new sellers of all U.S. assets in June for a second straight month.
Overseas investors also bought the fewest long-term securities in more that two years, data from the U.S.
Treasury Department showed.

No comments:

Post a Comment