China Now Dumping Unprecedented Amounts Of U.S. Treasuries

Posted by King World News

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KWN-Russell-I-8182015-864x400 c

KWN-Russell-I-8182015-864x400 cAhead of this week’s Fed decision, China is now dumping unprecedented amounts of U.S. Treasuries.

For a 4th straight month foreigners were net sellers of US notes and bonds. They sold a net $13.1b in July which brings the year to date level of selling to $156b which compares to net selling of $20b in 2015, net buying of $165b in 2014, $41b in 2013 and $400b in both 2011 and 2012. This level of selling is unprecedented going back to when data collection started on this in 1977…continue reading HERE

 

…also, the European situation:

The Crisis Is Escalating