Currency Fluctuation and Manipulation [View article]
They can't "cash in" the bonds they already hold. All they can do is sell them to someone else. They could refuse to buy more treasuries. Under normal circumstances, that would push interest rates up (and the value of their existing bonds down). But, the Fed has the nuclear option of just buying bonds (existing or new) itself, with newly created money. So how is China going to hurt the US?
On Jan 25 04:46 PM User 344198 wrote:
> China holds so much of our debt that they could finish off our economy by cashing in U.S. bonds all in a short period of time.
Currency Fluctuation and Manipulation [View article]
On Jan 25 04:46 PM User 344198 wrote:
> China holds so much of our debt that they could finish off our economy by cashing in U.S. bonds all in a short period of time.
Forex: Why the Dollar Is Staying Strong [View article]
On Jan 07 12:43 PM Chris B wrote:
> Good analysis. Can anyone predict the 2009 yield on FXA or FXC?