Commissar SFLUFAN Posted July 20, 2018 Share Posted July 20, 2018 A U.S. Treasury report this week appears to show Russia liquidating dollar assets at a record pace, selling four-fifths of its cache of U.S. government debt, $81 billion worth, over a two-month period. It started in April, when the U.S. imposed the most onerous sanctions yet on allies of Putin. Quote Link to comment Share on other sites More sharing options...
skillzdadirecta Posted July 20, 2018 Share Posted July 20, 2018 So explain the consequences of something like this to a financial idiot like myself. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted July 20, 2018 Author Share Posted July 20, 2018 9 minutes ago, skillzdadirecta said: So explain the consequences of something like this to a financial idiot like myself. For such a relatively small amount, absolutely nothing. However, if Beijing was to do something similar -- in retaliation for tariffs on $500 billion of their exports, for example -- it would lead to an increase in the borrowing costs for US Treasury securities. 1 Quote Link to comment Share on other sites More sharing options...
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