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Author Topic: Did China Use It's Direct Bidding Status To Silently Sell US-Treasuries?  (Read 344 times)
Letsbereal
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« on: May 23, 2012, 09:18:28 PM »

U.S. gives China direct bidding status: report
21 May 2012
, by Greg Robb - Washington (MarketWatch)
http://www.marketwatch.com/story/us-gives-china-direct-bidding-status-report-2012-05-21

The U.S. Treasury Department has granted China's central bank the ability to buy U.S. government debt without going through a primary dealer-so-called direct bidding status, according to a report Monday by Reuters.

The People's Bank of China now has a direct computer link to Treasury's auction system, the report said.

Treasury refused to confirm or deny the report.

"Direct bidding is open to a wide range of investors, but as a matter of general policy we do not comment on individual bidders," said Matt Anderson, a Treasury spokesman.
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Letsbereal
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« Reply #1 on: May 23, 2012, 11:31:48 PM »

Guest Post: Is China Really Liquidating Treasuries?
23 May 2012
, by John Aziz of Azizonomics (Zero Hedge)
http://www.zerohedge.com/news/guest-post-china-really-liquidating-treasuries

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