With Our Fed, Is The Threat Of Treasury Dumping Really A Threat?

[JamesL]

Putin Adviser Urges Dumping US Bonds In Reaction to Sanctions

MOSCOW, March 4 (RIA Novosti) – An adviser to Russian President Vladimir Putin said Tuesday that authorities would issue general advice to dump US government bonds in the event of Russian companies and individuals being targeted by sanctions over events in Ukraine.

Sergei Glazyev said the United States would be the first to suffer in the event of any sanctions regime.

“The Americans are threatening Russia with sanctions and pulling the EU into a trade and economic war with Russia,” Glazyev said. “Most of the sanctions against Russia will bring harm to the United States itself, because as far as trade relations with the United States go, we don’t depend on them in any way.”

Glazyev noted that Russia is a creditor to the United States.

"We hold a decent amount of treasury bonds – more than $200 billion – and if the United States dares to freeze accounts of Russian businesses and citizens, we can no longer view America as a reliable partner,” he said. “We will encourage everybody to dump US Treasury bonds, get rid of dollars as an unreliable currency and leave the US market.”

According to US Treasury data from the end of 2013, Russian investments in US government bonds total around $139 billion out of a total of $5.8 trillion of US debt held in foreign hands.

http://en.ria.ru/business/20140304/...umping-US-Bonds-In-Reaction-to-Sanctions.html

 

[JamesVU2000]

the fed has zero interest in listening to anyone about risk. We've been told every other day for the last 5 years that they saved the world and we should be thankful. However, growth is anemic and the middle class and savers are being destroyed. LBFR continues to collapse which means the US tax base is collapsing while our debt is uncontrollable. The bond market will break us and the that will be the end of the fed in its current form

 

[Zr1Trader]

Doesn't the fed own nearly 35% of all 10 years already, I thought noboddy wanted the shit as it is lol

Currency wars could get very interesting very soon.

Own real stuff IMO

 

[Martinghoul]

Why anyone in their right mind would want to listen to Glazyev is beyond me... He's a total nutter and has always been.