Market News / Story
Why Investors Worldwide Hold U.S. Government Debt
stlouisfed.org ·
Your retirement account, a car company’s cash reserve and a foreign central bank may have something in common: They may hold U.S. government debt, making them lenders to the U.S. government. You might hold such debt as part of your 401(k) or individual retirement account (IRA), saving for the future. The car company might hold it to manage billions in cash ...