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Follow on Google News | Finance Worldwide: “HCS Worldwide” – (US Treasuries Precariously Balanced).“HCS Worldwide” – Growing unease among Asian US bondholders may see dumping of Treasuries.
By: newswide The source believes that mounting unease among large Asian holders of US Government debt may cause panic selling of the debt instruments. Japan is the largest holder with $600 billion with China a close second with $520 billion. The “HCS Worldwide” source reportedly said that speculation was intensifying that the US may default on its debts. This conjecture could prompt a sovereign state to sell its holdings and others to follow suit, leading to a global financial collapse. The “HCS Worldwide” source said that this may be why the firm has eschewed bonds in favor of commodity holdings and defensive stocks. # # # Short business overview. Short business overview. Short business overview. Short business overview. Short business overview. Short business overview. Short business overview. Short business overview. Short business overview. Short business overview. End
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