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Foreign holders of US debt getting nervous…

From Bloomberg:

South Korea’s Lee Wants China, Japan Crisis Meeting

“The U.S. government is moving rapidly to expand fiscal spending, spurring concern about the deterioration of its balance sheet and a possible plunge in the dollar,” said Hiroaki Muto, a senior economist at Sumitomo Mitsui Asset Management Co. in Tokyo. “Sales of U.S. Treasuries may fuel such fears and fan panicked sales of those securities.”

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