Weekend News 14 Mar- China's Concerns about US Treasuries

China's Premier noted this week that he is concerned about the safety and quality of US government debt. The US government continues to pump out the debt securities (this week to the tune of $63 Billion) to prop up their rampant spending and money printing. The issue of concern going forward will be China's willingness to continue to support our debt and spending with purchases of US Treasuries. China remains the largest holder of US debt, and the Treasury International Capital (TIC) data which will be released this coming week will be worth noting as it shows the interest (or lack thereof) of foreign governments, investment funds, etc. to purchase US securities. As goes China's interest in US debt ultimately so goes the Dollar.

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