China sells some US Treasuries

[Johnnybags]

and "if you believe" the UK increased holdings by 30 percent, lol. The UK is broke so who is sending them the cashola to buy our debt? Looks like Uncle Bens so called dollar swaps. What a fiasco.

 

[youngbuck]

How much did they sell? Do we know who bought them? Gotta link?

 

[stag15]

I heard it on bloomberg today.

 

[NorwegianLibertarian]

http://www.cnbc.com/id/32448656

 

[stag15]

So it begins?

 

[not.your.average.joe]

the t.v. told me treasury demand is strong. record amounts being sold, going like hotcakes.

 

[Objectivist]

the t.v. told me treasury demand is strong. record amounts being sold, going like hotcakes.

I think the term is "monetizing your debt".

http://en.wikipedia.org/wiki/Monetization