Tuesday, June 19, 2007

No sign of Asian sales of US Treasuries -Kimmitt

(Reuters) - Some market analysts said the drop might have been caused by
Asian central banks diversifying their portfolios.




But asked by reporters in Beijing whether he had noticed any
sign in the past couple of weeks that Chinese or other Asian
central banks were selling their Treasury holdings, Kimmitt
replied: "I haven't seen any specific evidence."


Read more at Reuters.com Bonds News

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