One of the lead stories at Bloomberg this morning is an article about foreigners shying away from “financing the US government”. And the conclusion of this article is that it could mean higher interest rates in the US. Is this conclusion the right one though, and how should you respond as an investor? I have some thoughts on that below....
Harrison opines that Bullard's view of Fed policy will likely prevail.
Credit WritedownsIf foreigners are dumping Treasuries, how should you respond as an investor?