Reply to Be concerned about the 10 years yield

Forum Index » Money and Finances

Reply to "Be concerned about the 10 years yield"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]This is also because of the slow move away from the USD as reserve currency.  That means less demand for US bonds as a way to use dollars held in other countries.  Hence the increased rates (aka decreased prices) to offer more incentive to buy the US bonds.[/quote]

That may be true, but the US Dollar is still the only true game in town. Where are they going to put their money instead? The Euro? The Chinese Renminbi (yuan)? Pahleeze. Europe is not growing very much and is in trouble mainly due to their overregulated economies and social welfare policies. China has even more debt than the US and who would want to put their money in the hands of an authoritarian communist government who essentially practices mercantilism, manipulates their currency, steals IP on an epic scale, has opaque commerce laws that constantly change to support domestic industries, supports inefficient state-owned industries, is export dependent, risky with outside investment, polices their internet on their population, hides any mention of the Tiananmen Square 1989 massacre, etc? Not me.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics