rss

Links worth reading

  • The secrets of the Afghan war released (WSJ)
  • BP set to announce Hayward departure (FT)
  • Must read: The death of paper money (Telegraph)
  • European Banking’s Next Focus Is Funding (WSJ)
  • U.K. Growth Forecast Cut on Budget Curbs, Ernst & Young to Say (BusinessWeek)
  • Taleb: Government Deficits Could Be the Next ‘Black Swan’ (BusinessWeek)
  • Deficits Don’t Matter as Geithner Growth Gets Lowest Yield (Bloomberg)
  • When will the US go the way of Rome (RCM)
  • China Decreases Holdings of U.S. Treasuries

    China Total holding of US Treasuries: $755.4B v $789.6B prior

    Japan Total Holdings of US Treasuries: $768.8B v $757.3B prior 
    Oil Exporters total Holdings of US Treasuries: $186.8B v $187.7B prior 
    Brazil holdings of US Treasuries $160.6B v $157.1B prior 
    Russia holdings of US Treasuries $118.5B v $128.1B prior 
    Hong Kong holdings of US Treasuries $152.9B v $146.2B prior 
    India holdings of US Treasuries: $29.6B v $31.6B prior

    treasuriesWASHINGTON (AP) — The government said Tuesday that foreign demand for U.S. Treasury securities fell by the largest amount on record in December with China reducing its holdings by $34.2 billion.

    The reductions in holdings, if they continue, could force the government to make higher interest payments at a time that it is running record federal deficits.

    The Treasury Department reported that foreign holdings of U.S. Treasury securities fell by $53 billion in December, surpassing the previous record of a $44.5 billion drop in April 2009.[…] (more…)

    Go to top