Greenspan said China can't sell Treasuries

Discussion in 'Wall St. News' started by dividend, Jun 15, 2007.

  1. Chagi


    Dumping of treasuries (and subsequent conversion into Yuan) should decrease the value of USD, not increase it (since it would result in selling dollars). I doubt that large-scale liquidation of these holdings by any party would be viewed as a positive event for the USD.
    #11     Jun 16, 2007