Treasuries Have Become Badly Unappetizing for Foreign Central Banks & Governments
- But opaque foreign financial centers pile on Treasuries, often held by US companies and hedge funds.
- Treasury securities have lost their allure for foreign central banks and governments, whose holdings declined this year and in July dropped to $3.77 trillion at market value, roughly where they’d been in 2012, according to the Treasury Department’s TIC data.
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- But opaque foreign financial centers pile on Treasuries, often held by US companies and hedge funds.
- Treasury securities have lost their allure for foreign central banks and governments, whose holdings declined this year and in July dropped to $3.77 trillion at market value, roughly where they’d been in 2012, according to the Treasury Department’s TIC data.
Sources: Wolfstreet