TRADE VIEW-China hints at reduction in US dollar holdings-BoNY
NEW YORK, March 24 (Reuters) – A Chinese proposal to ditch the U.S. dollar for a global basket-based reserve currency suggests China plans a gradual reduction in future dollar accumulation but will not dump its existing stash of U.S. assets, strategists from the Bank of New York-Mellon said on Tuesday
TRADE VIEW-China hints at reduction in US dollar holdings-BoNY
NEW YORK, March 24 (Reuters) – A Chinese proposal to ditch the U.S. dollar for a global basket-based reserve currency suggests China plans a gradual reduction in future dollar accumulation but will not dump its existing stash of U.S. assets, strategists from the Bank of New York-Mellon said on Tuesday
TRADE VIEW-China hints at reduction in US dollar holdings-BoNY
NEW YORK, March 24 (Reuters) – A Chinese proposal to ditch the U.S. dollar for a global basket-based reserve currency suggests China plans a gradual reduction in future dollar accumulation but will not dump its existing stash of U.S. assets, strategists from the Bank of New York-Mellon said on Tuesday
TRADE VIEW-China hints at reduction in US dollar holdings-BoNY
NEW YORK, March 24 (Reuters) – A Chinese proposal to ditch the U.S. dollar for a global basket-based reserve currency suggests China plans a gradual reduction in future dollar accumulation but will not dump its existing stash of U.S. assets, strategists from the Bank of New York-Mellon said on Tuesday
TRADE VIEW-China hints at reduction in US dollar holdings-BoNY
NEW YORK, March 24 (Reuters) – A Chinese proposal to ditch the U.S. dollar for a global basket-based reserve currency suggests China plans a gradual reduction in future dollar accumulation but will not dump its existing stash of U.S. assets, strategists from the Bank of New York-Mellon said on Tuesday
This is a huge move in one day for long-term interest rates.
In essence, long-term rates reflect anticipated inflation by the investment community. This will be a big blow to home-seekers, as mortgage rates will react. Recently, the only good news home-buyers have going for them are the historically low mortgage rates. That now looks about to change.
This is a huge move in one day for long-term interest rates.
In essence, long-term rates reflect anticipated inflation by the investment community. This will be a big blow to home-seekers, as mortgage rates will react. Recently, the only good news home-buyers have going for them are the historically low mortgage rates. That now looks about to change.
This is a huge move in one day for long-term interest rates.
In essence, long-term rates reflect anticipated inflation by the investment community. This will be a big blow to home-seekers, as mortgage rates will react. Recently, the only good news home-buyers have going for them are the historically low mortgage rates. That now looks about to change.
This is a huge move in one day for long-term interest rates.
In essence, long-term rates reflect anticipated inflation by the investment community. This will be a big blow to home-seekers, as mortgage rates will react. Recently, the only good news home-buyers have going for them are the historically low mortgage rates. That now looks about to change.
