Who Bought the $1.47 Trillion of New US National Debt over the Past 12 Months?
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter China, Japan, other foreign investors, the Fed, US government funds? Nope. Foreign private-sector investors and “foreign official” investors – central banks, governments, etc. – whittled down their holdings of US Treasury Securities by $21 billion at the end of July, compared to a year ago, to $6.25 trillion, according to the … Read more