Sunflier@lemmy.world to World News@lemmy.worldEnglish · 4 hours agoDanish pension fund to sell $100 million in Treasurys, citing ‘poor’ U.S. government financeswww.cnbc.comexternal-linkmessage-square12fedilinkarrow-up1219arrow-down10file-textcross-posted to: news@lemmy.world
arrow-up1219arrow-down1external-linkDanish pension fund to sell $100 million in Treasurys, citing ‘poor’ U.S. government financeswww.cnbc.comSunflier@lemmy.world to World News@lemmy.worldEnglish · 4 hours agomessage-square12fedilinkfile-textcross-posted to: news@lemmy.world
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up11·2 hours agoThey are right to do so. But also, this is a market measured in trillions
minus-squaregravitas_deficiency@sh.itjust.workslinkfedilinkEnglisharrow-up16·2 hours ago The fact that someone stood up and said “we do not trust the honor of the US to fulfill a debt” is important. We’ll see how much of an impact that actually has, but my kneejerk reaction is that it was meaningful.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up4·2 hours ago my kneejerk reaction :-/ The global market will pounce on $100M in underpriced Treasuries. A better question is what the Danes plan to replace the reserves with. Now would be a cool time to roll out EuroBonds.
minus-squarenaught101@lemmy.worldlinkfedilinkEnglisharrow-up4·1 hour agoDo you assume that a collapse of the US economy is impossible?
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up1·36 minutes agoIt’s highly unlikely under current conditions
They are right to do so. But also, this is a market measured in trillions
The fact that someone stood up and said “we do not trust the honor of the US to fulfill a debt” is important. We’ll see how much of an impact that actually has, but my kneejerk reaction is that it was meaningful.
:-/
The global market will pounce on $100M in underpriced Treasuries.
A better question is what the Danes plan to replace the reserves with. Now would be a cool time to roll out EuroBonds.
Do you assume that a collapse of the US economy is impossible?
It’s highly unlikely under current conditions