Subject: Re: OT: T-bills
Which foreign governments/bonds will be impacted the least by the current US insanity?

Several economies may be adversely affected by recent US policy developments. But it's likely that the debt of major economies is still good anyway.

The thing to watch is that G7-type economies issue debt in their own currencies. This means they essentially never default, but you do have currency exposure. The US dollar is quite strong right now providing a potential tailwind if it doesn't last. But who knows?

The places that are forced to issue bonds in currencies other than their own (US dollars or euros, usually) are often the ones most likely to default, so don't imagine that insisting on US dollar bonds is doing yourself a favour : )

Jim