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Foreign Ownership of U.S. Treasury Securities (Abridged)
Li, WeiCaso DARDEN-F-1540-EFinanzasIn 2004, for the first time, foreigners owned more than half of privately held U.S. public debt, mostly in the form of marketable U.S. Treasury securities. In internal discussions at the U.S. Treasury Department, the increase in foreign appetite for Treasury securities represented global investors' vote of confidence in the U.S. economy. Many in the Treasury believed that broad foreign ownership helped lower Treasury borrowing costs. But there wa...Desde 8,20 €