Benn Steil


A graphical take on geoeconomic issues, with links to the news and expert commentary.

Print Print Cite Cite
Style: MLA APA Chicago Close


Debt Supply

April 20, 2009

The U.S. is projected to run an unprecedented fiscal deficit this year due to its efforts to boost the economy and rescue the financial sector. In the past few years, the deficit has been financed by foreign public flows, particularly from China. But many fear that foreign demand for Treasuries could fall in the near future. Will the U.S. be able to continue to meet its financing needs?

WSJ: Foreign Demand For US Securities Rebounds In Feb
Pettis: China Will Keep Buying U.S. Government Debt
Mackenzie: Treasuries Sales Ease Fears Over U.S. Funding
Setser: Reserve Managers Keep Buying Treasuries

Post a Comment No Comments

Post a Comment

CFR seeks to foster civil and informed discussion of foreign policy issues. Opinions expressed on CFR blogs are solely those of the author or commenter, not of CFR, which takes no institutional positions. All comments must abide by CFR's guidelines and will be moderated prior to posting.

* Required