Foreign governments dump U.S. debt at record rate

``In a bid to raise cash, foreign central banks and government institutions sold $57.2 billion of U.S. Treasury debt and other notes in January, according to figures released on Tuesday. That is up from $48 billion in December and the highest monthly tally on record going back to 1978... The actual decline was likely larger considering China reported selling $100 billion of foreign-exchange reserves in January.''