Fed Passes China as Top Owner of U.S. Debt

Terence P. Jeffrey CNSNews.com 6/8/2011

In the period since the Federal Reserve announced in November that it intended to buy $600 billion in U.S. government debt by the end of this June, the Fed has surpassed mainland China as the top owner of publicly traded U.S. Treasury securities.

As of the end of March, according […]

China PLA officers urge economic punch against the U.S.

Chris Buckley Reuters 2/9/2011

(Reuters) – Senior Chinese military officers have proposed that their country boost defense spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.

The calls for broad retaliation over the planned U.S. weapons sales to the disputed island came […]

Paulson Says Russia Urged China to Dump Fannie, Freddie Bonds

By Michael McKee and Alex Nicholson Bloomberg.com January 29, 2010

Jan. 29 (Bloomberg) — Russia urged China to dump its Fannie Mae and Freddie Mac bonds in 2008 in a bid to force a bailout of the largest U.S. mortgage-finance companies, former Treasury Secretary Henry Paulson said.

Paulson learned of the “disruptive scheme” while attending […]

Categories