HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Treasurys Attract Foreigners
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Treasurys Attract Foreigners

posted on Aug 17, 2009 11:26PM

AUGUST 18, 2009

Treasurys Attract Foreigners

China, Japan Buy Longer-Term Issues at Record Pace

China and Japan, the world's largest creditors to the U.S., scooped up longer-term Treasury notes and bonds in June at a record pace.

While China sold more than $50 billion in short-term Treasury bills in June, it bought $26.6 billion in notes and bonds, its biggest monthly buying on record. Japan snapped up $32.75 billion in longer-dated U.S. debt, also a historic high.

The strong inflows of foreign capital helped the U.S. sell a record amount of debt without a hitch. Though demand from U.S. households for Treasurys has risen in tandem with the rise in the savings rate, foreigners, ...

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