#1
|
|||
|
|||
Treasury International Capital (TIC) flows
Looks like a trend is developing, the previous 3 results were 126b, 97.3b, 19.5b and today’s was -69b, the first negative since 1998. With a falling dollar and falling interest rates seems foreigners have lost their appetite US long-term securities. How ugly will it get if the FED continues to cut interest rates and the dollar continues to fall? Why would anyone want to buy US debt in this environment?
http://www.treas.gov/press/releases/hp611.htm |
|
|