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US Treasury market

Reader comment on item: Might the Saudis Blow Up Their Oil Infrastructure?

Submitted by michael c (United Kingdom), May 18, 2005 at 20:31

The Saudis could probably inflict more damage by selling their vast holdings of US gov't bonds, which is where their oil profits end up.The financial chain reaction would be global.

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Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

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