Source item
Open original source ↗Multiple things are simultaneously true:
1) Foreign public sector (central banks) are not buying US treasuries for over a decade, led by China.
2) Foreign private sector is still buying treasuries.
3) Foreign buying is not keeping up with issuance, so more is domestically-funded. https://t.co/XH4yVhxd2c
Quoted context
These are the quoted author’s words.
The next time someone says foreigners are dumping US assets, show them this chart. I do believe there will be a rise of marginal forces in the coming decade that will keep capital at home to support swelling sovereign budgets, but we aren't there today. It's mostly just China. https://t.co/Nmy4Bluckg
TXMCtrades ↗