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San Diego Housing Market News and Analysis |
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China signals switch in reserves away from dollar
User Forum Topic
Submitted by jfrasier on January 5, 2006 - 9:19pm
http://news.ft.com/cms/s/f39fa8e4-7e25-1...
This article in the Financial Times describes China's intention to buy fewer dollars and US government bonds, what effect will this have on long term interest rates?
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Absolutely none, nothing, nada zilch
Note - OP is from 2006.