-->Hi,

hier eine Meldung von reuters; ausländische Zentralbanken erwarben erneut ein Stück US-Schulden, machten auch nicht mehr Halt vor Freddie Mac und anderen US-Agencies:

Foreign cen banks keep buying U.S. debt - Fed

Thu September 25, 2003 04:35 PM ET

NEW YORK, Sept 25 (Reuters) - Foreign central banks were big buyers of U.S. Treauries and
agencies in the latest week, despite recent worries that a potential long-term deterioration in
the dollar could prompt Asian central banks to pare their massive holdings.

The Federal Reserve said on Thursday its holdings of Treasuries and agencies for foreign
central banks rose a hefty $8.8 billion to a record of $968.1 billion as of Wednesday Sept. 24
compared to the prior Wednesday. The Fed also releases figures that average the daily
flucations in custody holdings.

The dollar came under fire earlier this week after G7 finance officials, led by the United States,
sent a veiled warning to Asian central banks to stop weakening their currencies against the
dollar to boost exports.

That message raised worries of reduced demand from these big buyers of U.S. debt, primarily
Japan and China, that could lead to sharply higher interest rates.

But so far it appears the G7 message was more rhetoric than policy, and U.S. bond markets
were comforted to see foreign buyers turned out in force for a new two-year Treasury note
sold on Wednesday.

Foreign central banks mostly bought agencies rather than Treasuries, a departure from the
past few months when foreign central banks appeared to shy away from agency debt after
the management shake-up at Freddie Mac FRE.N in early June.

Agency debt holdings rose $5.3 billion to $192.4 billion, while Treausury holdings rose $3.5
billion to $775.7 billion.

Quelle: http://reuters.com/financeNewsArtic...pe=bondsNews&storyID=3510012

Gruss
Cosa