RIP the foreign outflow narrative *FOREIGN HOLDINGS OF US TREASURIES ROSE BY $32.4B IN MAY *FOREIGN US TREASURIES HOLDINGS HIT $9.05T, SECOND-HIGHEST EVER
Replies
May numbers….
jul 17, 2025, 8:06 pm • 0 0 • view
You're doing a lousy job lately of confirming my biases.
jul 17, 2025, 8:10 pm • 6 0 • view
The economy's dick continues to be impervious to the slams of the car door.
jul 17, 2025, 8:02 pm • 6 1 • view
Most recent release, this data is lagged. Also, we never saw large selling in April, which was the only month that had the sort of "dollar down, rates up" price action consistently which would be consistent with capital flight. Don't form a cope habit people.
jul 17, 2025, 8:21 pm • 52 2 • view
Cope habits while Trump is being dragged by the same conditions that dragged Biden: Inflation and interest rates, and neither are looking good in the near future.
jul 17, 2025, 8:49 pm • 1 0 • view
Where else would they go?
jul 17, 2025, 8:26 pm • 0 0 • view
IMO, until Trump messes with the Fed, an uncertain U.S. is still more appealing than a stable Canada, Australia, E.U., etc to investors
jul 17, 2025, 8:30 pm • 0 0 • view
If a European fund asks a European bank to hedge its dollar exposure, doesn't this lead the bank to in turn hedge by buying USTs (chain can be more complex ofc)?
jul 17, 2025, 8:46 pm • 0 0 • view
Not necessarily! I mean, probably, but the Eurodollar market does exist.
jul 17, 2025, 8:49 pm • 1 0 • view
But ultimately if someone outside the US wants to hedge dollars, chances are someone else outside the US will end up with USTs, however long the chain of transactions?
jul 17, 2025, 8:53 pm • 1 0 • view
They have to hold US dollar denominated assets, but that doesn’t necessarily mean that they are US treasuries.
jul 17, 2025, 9:22 pm • 1 0 • view
Only Canada it seems. -$58B in April, then +$62B in May
jul 17, 2025, 8:28 pm • 2 0 • view
I guess the rumors about Carney causing the TACO were true.
jul 17, 2025, 8:45 pm • 1 0 • view
Sometimes I don't like you people in the reality-based community. Actually, I do like this b/c the alternative is B A D bad.
jul 17, 2025, 8:25 pm • 2 0 • view
What are the alternatives out there to US treasuries? I think the smell of stink on the US is already out there in the ether but there are simply no options for large institutional investors.
jul 17, 2025, 8:15 pm • 3 0 • view
Yep. I'm not going to buy them, but I don't have to.
jul 17, 2025, 9:03 pm • 0 0 • view
were so fucked the economy crashing was the only "easy" way out. its gonna take the rest of our lives at least to get a better world
jul 17, 2025, 11:00 pm • 0 0 • view