Friday May 25, 2012

JAPAN NEWS AND DISCUSSION

Some advocate selling U.S. Treasurys for Japan

By Yuri Kageyama

Business Aug. 16, 2011 - 06:45AM JST ( 6 )

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6 Comments

0

some14someAug. 16, 2011 - 07:23AM JST

Ok, go ahead ...it's not a treasure, simply bond papers, bring home few trillion Yens and then....? US$=Y50 ? Clearance Sales 35% off !
0

ka_chanAug. 16, 2011 - 09:32AM JST

If Japan were to sell US treasuries, they would loose money. It would be like buying Pebble Beach for 5Million and then a few years latter selling it for 1 Million. Oh right, Japan did that just before the real estate boom.
0

GordonWuAug. 16, 2011 - 09:58AM JST

I always had the feeling that Japan is under pressure from US to buy treasuries
1

TumbleDryAug. 16, 2011 - 10:49AM JST

GordonWu: I always had the feeling that Japan is under pressure from US to buy treasuries

If Japan and China wants to keep the US as their economic locomotive, they kind of have to.
1

LagunaAug. 16, 2011 - 04:04PM JST

The vast majority of t-bills are held by private institutions, and whatever mix of investments they choose is their business; the government has no say in the matter. Also, they wouldn't necessarily need to sell; just don't roll them over at maturity.

Tempest in a teapot.
0

EinherjarAug. 17, 2011 - 05:51AM JST

TumbleDry:

If Japan and China wants to keep the US as their economic locomotive, they kind of have to.

If you continue to extend credit to someone who will not be able to pay you back, in order to sell stuff to him, you are in reality only giving away stuff.

Laguna:

The vast majority of t-bills are held by private institutions, and whatever mix of investments they choose is their business; the government has no say in the matter.

The Japanese central bank holds a significant amount of treasuries, I agree that private investors are accountable for their own investments.

In a sane world the Japanese would float the yen freely, prohibit the central bank from intervening in the currency market, and sell off most of its foreign exchange holdings.