Foreign Demand for U.S. Debt Plunges as China Dumps Treasurys …

Posted on February 16, 2010 by

The global appetite for US financial assets slowed markedly in December, and demand for federal debt fell by a record amount as China dumped more than $34 billion in American IOUs, the Treasury Department said Tuesday.

Read the original:
Foreign Demand for U.S. Debt Plunges as China Dumps Treasurys …