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The massive and rapid issuance of.......>

CHINA PRESS
CHINA PRESS: The massive and rapid issuance of U.S. Treasury bonds cannot solve
the fundamental problems of the U.S. economy which is based on unsustainable
levels of debt, Economic Information Daily said in a front-page commentary on
Thursday. There was less demand for T-bonds due to the lack of investment
confidence overseas, the commentary said. When the creditor country sells
T-bonds to avoid risks this would put greater pressure on bond issuance, the
newspaper said. 

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