☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · edit-23 months agoJapan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances.www.cnbc.comexternal-linkmessage-square19fedilinkarrow-up144arrow-down116
arrow-up128arrow-down1external-linkJapan is on the verge of a $400 billion fire sale of U.S. debt. This could break the back of the Treasury market and devastate Americans’ finances.www.cnbc.com☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · edit-23 months agomessage-square19fedilink
minus-square☆ Yσɠƚԋσʂ ☆@lemmy.mlOPlinkfedilinkarrow-up8arrow-down1·3 months agoJapanese investors hold a large chunk of US bonds. With the yen rallying against the dollar and US rates being high, they’re looking to dump their bonds because otherwise they’re going to start losing money on them.
minus-squareverstra@programming.devlinkfedilinkarrow-up4·3 months agoOh and the implication is that that could further devalue US bonds. Got ya, thanks.
Japanese investors hold a large chunk of US bonds. With the yen rallying against the dollar and US rates being high, they’re looking to dump their bonds because otherwise they’re going to start losing money on them.
Oh and the implication is that that could further devalue US bonds. Got ya, thanks.