April 18, 2021

CNN: China dumps treasurys, triggering worries about US debt Costs

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By R Williams From Newsmax China is dumping some of its Treasury holdings in a desperate bid to raise cash to support its ailing markets, a move that “raises serious questions” about the country’s ability to finance the U.S. federal deficit, CNN reports. If the Asian country stops supporting U.S. debt, the cost of everything […]