(Bloomberg) -- For the moment, at least, financing
the U.S. budget deficit may be getting less arduous as foreign
investors now own a record 80 percent of the Treasury notes due
in three to 10 years.
Not since the 19th century have foreigners held so much
American debt, said Alan Taylor, a professor of economic history
at the University of California, Davis. International investors
own $672 billion of the $835.4 billion Treasuries due in three
to 10 years, according to research by Lawrence Dyer, a New York-
based strategist at HSBC Securities USA Inc., the investment
banking arm of HBSC Holdings Plc in London.
Read more at Bloomberg Bonds News
the U.S. budget deficit may be getting less arduous as foreign
investors now own a record 80 percent of the Treasury notes due
in three to 10 years.
Not since the 19th century have foreigners held so much
American debt, said Alan Taylor, a professor of economic history
at the University of California, Davis. International investors
own $672 billion of the $835.4 billion Treasuries due in three
to 10 years, according to research by Lawrence Dyer, a New York-
based strategist at HSBC Securities USA Inc., the investment
banking arm of HBSC Holdings Plc in London.
Read more at Bloomberg Bonds News
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