Author Topic: Russia Liquidates Its US Treasury Holdings  (Read 678 times)

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Offline ABX

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Russia Liquidates Its US Treasury Holdings
« on: July 18, 2018, 02:00:22 pm »
China is flat in holdings. Japan is up a bit. It was Russia making the big dumps.

Quote
Last month we showed that as Trade Wars began in April, the world's central banks and other official institutions dumped more Treasuries than in any month since January 2016, some $48.3BN, perhaps over concerns of others selling first, and precipitating a sharp move higher in yields. Fast forward one month later to May, when according to the latest just released Treasury International Capital (TIC) update, in May the selling of Treasurys by official entities continued, with another $24BN sold in the month of May, when yields continued to rise and eventually hit the 2018 highs of 3.11%......


But while the selling of Treasuries was to be expected - after all someone had to sell aggressively to push yields sharply higher in April and May - the question was who.....

https://www.zerohedge.com/news/2018-07-17/russia-liquidates-its-us-treasury-holdings


Offline INVAR

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Re: Russia Liquidates Its US Treasury Holdings
« Reply #1 on: July 18, 2018, 02:08:25 pm »
Some more on the subject:

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Fart for freedom, fart for liberty and fart proudly.  - Benjamin Franklin

...Obsta principiis—Nip the shoots of arbitrary power in the bud, is the only maxim which can ever preserve the liberties of any people. When the people give way, their deceivers, betrayers and destroyers press upon them so fast that there is no resisting afterwards. The nature of the encroachment upon [the] American constitution is such, as to grow every day more and more encroaching. Like a cancer, it eats faster and faster every hour." - John Adams, February 6, 1775