Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

China Was Biggest Dumper Of US Treasuries In June As Foreign Central Banks Resumed Selling

Courtesy of ZeroHedge View original post here.

Foreigners were net buyers of US Treasuries in June ($28.9b), but official entities cut their holdings by $20.6bn as private buyers bought $50.3bn. Additionally,

  • Foreign net buying of equities at $28.5b

  • Foreign net selling of corporate debt at $16.6b

  • Foreign net buying of agency debt at $38b

The return of selling by official entities in June comes after buying $10BN in May, which was the first purchase by foreign CBs since August 2018!

And while May saw record stock-buying by foreigners, in June this slowed down quite a bit to $28.5BN from $79.9BN…

China was the biggest dumped of US Treasuries in June, cutting its exposure by $9.3 billion…

Source: Bloomberg

Others selling US Treasuries in June included Spain, Hong Kong, Canada, and Australia.

On the other side, France added the most Treasuries, $13.7 billion in June…

Source: Bloomberg

India was also a big buyer in June (adding $12.8 billion) along with Singapore, Belgium, Ireland, Taiwan, and Korea.

Japan added a modest $0.9bn and remains America's largest creditor holding $1.26 trillion of US Treasuries.

But for now, the trend is not your friend if you're trying to finance record high deficits…


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!