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  • Foreign Holdings Of US Treasurys Hits Record High

    thestate.com 4 weeks, 1 day ago

    Foreign demand for U.S. Treasury debt rose in November to the highest level ever, even as China trimmed its purchases for a second straight month. The Treasury Department says total foreign holdings increased 1.7 percent in November to $4.75 trillion. Japan, the second-largest buyer of Treasury debt, increased its holdings 6 percent to $1.04 trillion. China, the largest foreign holder, trimmed its holdings 0.1 percent to $1.13 trillion. The increase in total foreign holdings pushed them to a record level, i

  • Lincecum Offered Record $17M, Asks For $21.5M

    thestate.com 4 weeks, 1 day ago

    Tim Lincecum asked San Francisco for $21.5 million in arbitration, just shy of the record for a player, and the Giants offered him a club-record $17 million Tuesday on a dizzying day when 80 players agreed to contracts. The two-time NL Cy Young Award winner was among 54 players who exchanged figures with their teams, and his request fell short of the record $22 million requested by Roger Clemens from Houston when he became a free agent and accepted the Astros' arbitration offer before the 2005 season. Inter

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