Tuesday, March 19, 2019

Foreign Countries Continue Dumping US Treasuries, Plus Asia And Negative Interest Rates In Europe

"Foreign countries continue dumping US Treasuries plus a look at Asia and negative interest rates in Europe.

Foreign Countries Continue Dumping US Treasuries
March 18 (King World News) – Here is what Peter Boockvar wrote today as the world awaits the next round of monetary madness:  After finishing 2018 with only $1.6b of net foreign buying of US Treasury notes and bonds, foreigners sold $12b in January. It was back in 2011 and 2012 when foreigners bought more than $400b each of those years. China and Japan continued with their selling of notes and bonds but the pace of T-bill buying offset this which brought total holdings higher. Bottom line, foreigners continue to reduce their holdings of longer term US Treasuries as a percent of the total stock outstanding and have essentially been absent from the market on a net basis. Combine this with Fed ‘selling’ and the US Treasury has been held together by domestic buyers, including banks, pension funds and others…"

at https://kingworldnews.com/foreign-countries-continue-dumping-us-treasuries-plus-negative-interest-rates-in-europe-and-asia/

No comments:

Post a Comment