Robust Foreign Demand for US Debt Auctions Allays Fears, TD Says
Foreign buyers of Treasury debt have been scooping up a growing share of note and bond auctions in recent months, allaying fears that tarnished haven status and large deficits would...
By Miles J. Herszenhorn · Bloomberg Markets
Foreign buyers of Treasury debt have been scooping up a growing share of note and bond auctions in recent months, allaying fears that tarnished haven status and large deficits would drive them away, according to interest-rate strategists at TD Securities.