Sales of US Treasury Bonds Continue to Try to Stem Dollar Rise

USBonds

China continues to sell US Treasury bonds trying to keep the dollar down to aid the Federal Reserve. Saudi Arabia, however, has been in a different position having to liquidate US Treasury holdings for they are is a serious financial crisis. September shows a modest sale of $46 billion dollars. Private investors sales were $7.9 billion dollars, while the net sales of foreign institutions amounted to $38.7 billion dollars, according to the US Department of Treasury announcement.

Latest Posts

Canada – the Reality from a Canadian

COMMENT: By almost any metric, Canada is worse off than it was 10 years ago when the Liberals took power. Canadians are poorer. Public services have deteriorated. People are dying [...]
Read more

Coup at the World Economic Forum

World Economic Forum founder Klaus Schwab is under an internal investigation by the organization he created. There is no question that it has been alleged that the WEF got money [...]
Read more