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Countrywide Capital V (New) 7.0 Message Board

  • wheelbarrowme wheelbarrowme Mar 13, 2009 6:52 AM Flag

    Benefit? -China's U.S. Gov. Bond Concerns

    China is expressing concern about lowering value of U.S. bond holdings due to failing U.S. economic policy. U.S. dollar is still the world's base currency. Could China agencies shift from U.S. government bonds to buying quality higher yield commercial bonds, notes and trust preferred shares, driving up prices?

25.73-0.01(-0.04%)Apr 15 4:00 PMEDT

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