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Foreigners Flock To Treasuries

Friday, December 10, 2010 - 9:32 AM
From Fortune via CNNMoney.com:
More than 60% of government bond issuance in the third quarter was sucked up by international investors, the Fed said Thursday in its quarterly flow of funds report.

There continues to be no evidence that foreigners are losing their appetite for Treasuries which means this won't pressure yields higher at least in the short term.
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Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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