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Another reply, sorry about it, but that link has a great quatation from the BIS (so called Central Bank of the Central Banks, located in Switzerland): Bank of
by LekkoscPiwa 13y ago
Another reply, sorry about it, but that link has a great quatation from the BIS (so called Central Bank of the Central Banks, located in Switzerland):
Bank of International Settlements, which stated, "Foreign investors in U.S. dollar assets have seen big losses measured in dollars, and still bigger ones measured in their own currency. While unlikely, indeed highly improbable for public sector investors, a sudden rush for the exits cannot be ruled out completely."
The writing is on the wall for all the foreign US Treasuries holders. This and most expensive in 300 years of their history. Now, it's a chicken game. And the one who blinks first wins because looses the least of the Treasuries value.