China’s Currency Holdings

The Wall Street Journal reports that China is decreasing its holdings of  U.S. dollars
Fresh data suggest China is moderating its appetite for investing in U.S. securities, a trend that could mean lower flows of cheap capital from Beijing and a possible rise in borrowing costs across the American economy. An analysis of [...]

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History Lesson

I find that the older I get the more interested in history I become. Perhaps that’s because more events described in history texts are ones that I either experienced or knew about in contemporary times. Or, perhaps history is just comforting. Today we note some parallels with the European Debt/Monetary crisis and the early years [...]

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Bonds and Interest Rates

Pretty exciting title for this post, huh?
I get little news snippets sent to me, via email, from the Wall Street Journal. Here’s one that arrived this morning.
The 10-year Treasury yield, the benchmark for U.S. consumer and corporate borrowing, rose to 4% for the first time since June.
The move extends a steady increase by Treasury yields, [...]

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