Relevant:
- Foreigners Dump Record Amount of US Securities, But Who the Heck Is Still Buying?
- Foreign cenbanks dump agencies, hoard Treasuries
- Huge Demand For Treasuries As Banks Refuse To Lend
- American Banks Not "Buying Recovery"; Stockpile Treasuries as Deposits Top Loans
- Foreign Cenbank Agency Debt Selloff Accelerates Inexorably
2008-03-11 — bloomberg.com
'Treasuries fell, pushing the two- year note's yield up the most since May 2004, as the Federal Reserve's move to relieve the credit crisis prompted investors to dump holdings of government debt.'
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