Debt Default Could Cause China To Dump Some U.S. Treasury Bonds

China Considers Dumping U.S. Assets
Jacob 'Jack' Lew, U.S. treasury secretary, testifies before the Senate Finance Committee on Capitol Hill in Washington, D.C., U.S., on Thursday, Oct.10, 2013. Lew warned that the congressional deadlock over the U.S. debt ceiling is 'beginning to stress the financial markets,' and failing to raise it by Oct. 17 could put Social Security and Medicare payments at risk. Photographer: Pete Marovich/Bloomberg via Getty Images
Jacob 'Jack' Lew, U.S. treasury secretary, testifies before the Senate Finance Committee on Capitol Hill in Washington, D.C., U.S., on Thursday, Oct.10, 2013. Lew warned that the congressional deadlock over the U.S. debt ceiling is 'beginning to stress the financial markets,' and failing to raise it by Oct. 17 could put Social Security and Medicare payments at risk. Photographer: Pete Marovich/Bloomberg via Getty Images

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