Foreign Demand for US Debt Slips in October

US Dollar bill, cc Kurtis Garbutt, modified, Flickr, https://creativecommons.org/licenses/by/2.0/

Summary

Long-term projections for US government finance are dire to say the least, and the speed and extent to which that becomes a serious problem depends in large part on sustained foreign demand for US Treasuries.

Recent data suggests that that demand has begun to dry up.

 

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