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Top Answer out of 5 by itinary on Aug 17, 2009 at 3:49 pm Permalink
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Answer 2 out of 5 by halbhh on Apr 7, 2009 at 11:11 am Permalink
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One reason rates will rise no matter what is that they are historically low and this cannot stay this way forever.
But the reason China doesn't decisively control rates past about 1/2 or 1% is simply that the entire world can and does buy US treasuries, not only one nation. The US savings rate has changed from -1% to +5% in just a few months. Guess where this money is going. that's right, many Americans are now investing in US treasuries (and even the part that is in CDs for example, which can be partly put into US treasuries; there are many avenues for this investment). Answer 3 out of 5 by Twisted Taco on Mar 30, 2009 at 6:12 am Permalink
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Answer 4 out of 5 by Ron-T on Mar 30, 2009 at 5:48 am Permalink
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Answer 5 out of 5 by Anonymous on Apr 7, 2009 at 10:43 am Permalink
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