By The Bad (Bond) News Bear…
In recent weeks, I’ve discussed America’s challenges ahead. It’s not a dollar crisis that awaits; rather, we face a duration bond crisis. China, facing pressure to stabilize the yuan, ordered banks to sell dollars and buy stocks. But they may need to dump U.S. Treasuries – and they have about $850 billion worth on the […]
The post The Bad (Bond) News Bear… appeared first on Money Morning – We Make Investing Profitable.
What's your reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0
