During the last debt-ceiling crisis, S and P downgraded the US government credit rating from A to +, which impaired investor confidence in US Treasury bonds and Kali warned that current crisis could cause similar reaction.
Kali further said that if the debt ceiling is not raised, investors may decide that US Treasury bonds are no longer the world's most secure investment and ultimately interest rates across the board will rise, as will costs for mortgages, car loans and corporate borrowing.
TOKYO, Oct 8 (KUNA) -- Japanese Finance Minister Taro Aso said on Tuesday he expects the US to swiftly resolve its current fiscal crisis, expressing concern that debt ceiling could decrease Japan's huge investments in US Treasury bonds.
277 trillion in US Treasury bonds and Japan held USD 1.
81 per cent of its foreign exchange ( forex) reserves in US treasury bonds, according to data released recently by the US Department of Treasury.
Even in absolute terms, Indian investments in US treasury bonds were less than one- third of all the other BRICs peers.
Chinese mainland's purchase of US Treasury bonds fell for the first time in 11 months to $763.
It is unclear whether the reduction will continue because the amount is so small, but the cut signals caution of governments or institutions toward US Treasury bonds," Zhang Bin, researcher with the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, a government think tank.
Top 10 Fixed-Income Holdings Portfolio% 1) US Treasury Bonds
The Venezuelan risk index has increased steadily, widening the spread between US Treasury bonds
and the rates Venezuela would have to pay on its debt.
Beijing, Mar 3( ANI ): China has made the first annual diminution in its holdings of US Treasury bonds
in ten years.
TOKYO, Jan 20 (KUNA) -- China cut its holdings of US Treasury bonds
to the lowest level in 16 month in November in a step that would continue the diversification of the country's foreign exchange reserves amid global uncertainties, the state-run China Daily reported Friday.