As the Fed Tapers Its Treasury Purchases, Other Central Banks Step In
Foreign investors have returned as big buyers of U.S. bonds this year, helping to keep interest rates low.
Dan Weil
April 30, 2014
The People's Bank of China (PBOC) headquarters stands in Beijing, China, on Monday, March 4, 2013. China maintained its economic-growth target at 7.5 percent for 2013 while setting a lower inflation goal of 3.5 percent, setting up a challenge for new leaders to keep prices in check without harming expansion. Photographer: Tomohiro Ohsumi/Bloomberg
Tomohiro Ohsumi/Bloomberg
