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[–] [S] 125 points 9 months ago* (last edited 9 months ago) (3 children)

Its not much numerically, but this is the first time a foreign holder of bonds has publicly announced they no longer have faith in the credit of the United States.

That is a big headline in the financial world. The entire international finance market is currently reassessing the stability of the US in a negative light. The only way out from here is down.

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