Bond Investing For Dummies Quotes

“Heck, if the Chinese, who own about a quarter of all foreign-owned Treasury bonds, tried to dump them, the Japanese, who own almost as much as the Chinese, would buy those bonds up just to spite the Chinese. If the Japanese were to start dumping, the Koreans would buy them up just to anger the Japanese. And if the Canadians were to start dumping, eh? Canadians are way too polite and would never do such a thing. We should worry more about other economic issues, such as why those medical and college bills are so astronomical, than we should the exportation of our national debt.”
― Russell Wild, Bond Investing for Dummies