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Bond Sell Off Raises Questions About U.S. Safe Haven Status
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As the fallout from President Trump’s global trade war spreads, investors
are even fleeing U.S. Treasuries.
12 minutes ago
Wednesday, July 20, 2011
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China's representative to the IMF, He Jianxiong, sharply disagreed with a number of IMF's conclusions -- including its assessment of the currency. He said that one reason that China's reserves have grown to more than $US3 trillion ($2.8 trillion) is that central banks in the US and Europe have kept interest rates so low that capital has surged into emerging markets.
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