Arab Today, arab today central banks sell us bonds
Last Updated : GMT 23:31:30
Arab Today, arab today
Arab Today, arab today

Central banks sell US bonds

Arab Today, arab today

Arab Today, arab today Central banks sell US bonds

London - Arabstoday

International central banks are selling the most Treasuries since the credit crisis began just as institutional investors load up on US government bonds. The Federal Reserve said its holdings of US government debt on behalf of central bankers and institutional investors outside America has plunged $76.5 billion (Dh280.9 billion) in the last seven weeks, the most since August 2007. At the same time, bond mutual funds are adding Treasuries, banks have increased their holdings 45 per cent in the past five years and the Fed has added $656 billion to its balance sheet this year. Rather than a referendum on the US\'s $1.3 trillion budget deficit and rising debt burden, sales by foreign policymakers may have more to do with supporting their currencies after the Brazilian real weakened 9.8 per cent and Taiwan\'s dollar lost 4.4 per cent against the US dollar since June. With economists forecasting inflation slowing to 2.1 per cent in 2012 from 3.1 per cent this year and the Fed\'s commitment to keeping interest rates near zero, investors say the demand that pushed government bond yields to record lows last month will be sustained. Perceived safety \"Demand will come from banks, insurance companies and from pension funds which are still massively underexposed to Treasuries,\" Stuart Thomson, a fixed-income fund manager in Glasgow at Ignis Asset Management, which oversees £75 billion ($118 billion), said in an October 12 telephone interview. Progress on a plan that may provide more funds for European bailouts while imposing writedowns on Greek bonds damped demand for the perceived safety of Treasuries for a third week in the period ended October 14. Germany\'s Chancellor Angela Merkel and France\'s President Nicolas Sarkozy set November 3 as a deadline for a plan to resolve the crisis. Slovakia, on October 13, became the last of the 17 euro countries to ratify the €440-billion ($607.9 billion) European Financial Stability Facility. European officials on October 14 outlined the initiatives they\'re considering at a meeting in Paris of finance ministers and central bankers from the Group of 20 economies. The strategy, which has still to be made public, includes writing down Greek bonds by as much as 50 per cent, establishing a backstop for banks and multiplying the strength of the enhanced EFSF, people familiar with the matter said.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today central banks sell us bonds Arab Today, arab today central banks sell us bonds

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today Former head of Egypt’s syndicate submits appeal

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 15:06 2017 Saturday ,25 March

Dialysis Supplies Dwindle for Syrians

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday