Saudi Arabia's Threatened Divestiture Of U.S. Assets Wouldn't Hurt As Much As You Think

Could a Saudi bond dump send U.S. interest rates skyrocketing and send the American economy into recession? Well, U.S. Treasury Department data shows that Saudi's holdings in U.S. Treasuries represent not even a third of al-Jubeir's claimed $750 billion figure, and potentially much less than that.