Tolerance.ca
Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations, Tolerance.ca® aims to promote awareness of the major democratic principles on which tolerance is based.

Who really holds the cards: Trump or the bond market?

By Alex Dryden, PhD Candidate in Economics, SOAS, University of London
When a Danish pension fund recently announced it would sell its US$100 million (£74 million) holding of US government bonds, the move was tiny in financial terms – just a drop in a US$30 trillion ocean. But it touched on a much bigger issue. Foreign investors now hold around one-third of all US government debt, amounting to roughly US$9.5 trillion.

Of these foreign holdings, Europe has US$3.6 trillion,…The Conversation


Read complete article

© The Conversation -
Subscribe to Tolerance.ca


Follow us on ...
Facebook Twitter