U.S. Government: Evermore Reliant on Foreign Investors
March 15, 2011 at 14:20 PM EDT
Despite the Fed recently surpassing China as the largest owner of U.S. government debt, the U.S. remains heavily reliant on foreigners to fund the government’s ongoing fiscal largess. Geithner’s Treasury Department has firmly focused new issues at the mid to longer end of the yield curve (since Geithner assumed office, the average length of . . . → Read More: U.S. Government: Evermore Reliant on Foreign Investors