THE U.S. BOND MARKET IS LOSING STEAM U.S. bonds fell last week as the weekly bond offerings to finance the deficit met with weak demand. It seems that Japan and China have been absent or muted in their recent demand for U.S. bonds. This could be a substantial problem since they are the two largest holders of U.S. debt. Some argue that Japan’s absence from the market is temporary, attributable to the fact that the Japanese fiscal year ends on March 31. China on the other hand has been gradually changing the composure of their investments. They have, in . . .
Continue Reading: MANY WORLD STOCKS ARE TEMPORARILY OVER BOUGHT, BUT BUYERS ARE CONTINUING TO TARGET THEM
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