FT: S Korea pension fund (world's fifth-largest pension fund) shuns US debt

[jordi_fanclub]

Source: Financial Times

The world’s fifth-largest pension fund will no longer buy US Treasuries because yields are too low.
The move signals what could be a big shift by financial institutions away from US government debt into higher-yielding assets.

Read more: http://www.ft.com/cms/s/0/6dcf5f86-fb67-11dc-8c3e-000077b07658.html?nclick_check=1

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The mess is compounding...

[lovuian]

1. interest rates are going to have to go up

or the dollar drops to nothing

[ooglymoogly]

2. self delete wrong place,

[ooglymoogly]

3. domino's falling on my head

Invest in this economy inflating like a hot air balloon? That moment in the history of our country has gone up in the smoke of war for profit for the rich.