Low Wage Pay Gains

John B Kelly JBryan at world.std.com
Tue Feb 9 17:20:02 PST 1999


Are these holdings by rich people, corporations, pension plans, or what?

On Sun, 7 Feb 1999, Doug Henwood wrote:


> Enrique Diaz-Alvarez wrote:
>
> >Does anybody know in what financial instruments foreign claims on the US
> >are held?
>
> All kinds, but about 30% of foreign assets are U.S. government bonds ($1.5
> trillion worth), and 12% corporate bonds. U.S. holders have comparatively
> small amouts of foreign bonds. Stock holdings are a wash - U.S. owners hold
> about as much foreign equity as foreigners hold of U.S. paper. The U.S. has
> a small credit on net foreign direct investment.
>
> At the end of the third quarter of 1998, 33% of US Treasury securities were
> held by foreigners, up from just 10% in 1991.
>
> Doug
>
>



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