wonder not why some seek safety with no rewards...
Why, for example, would China and Japan ship goods to U.S.
and park the money we give them for those goods.
in very low interest TBills...?
Why would they not buy soybeans and wheat and things that ONLY can be obtained from U.S.???
Even MORE questionable, Why did YOU buy US$ 147 Billion TBills in the 1st Q of this year?
Explain THAT to me..., if you can.
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Americans love their Treasurys
Look out, China. U.S. households are now the second-biggest owner of Treasury debt.
JUNE 21, 2010, 6:41 AM
The U.S. household sector bought $147 billion of Treasury securities in the first quarter, the Federal Reserve said in its quarterly flow of funds report. That pushes Americans' holdings of Treasury debt to $796 billion, the highest level since 1999.
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