Treasuries’ Foreign Buying Doubles China’s $123 Billion Cut
Source: Treasury data, Bloomberg
Bloomberg Briefs notes that “Belgium, Luxembourg, Russia, Switzerland, Brazil, Taiwan and Hong Kong boosted their holdings of U.S. government securities by a collective $264.8 billion since the last debt ceiling debate ended in August 2011.”
These purchases “more than made up for the decline in Treasuries owned by China,” down $123 billion to $1.156 trillion.
One note about the chart above — I don’t see Japan, who is a huge holder as well of US treasuries.
Source:
Treasuries’ Foreign Buying Doubles China’s $123 Billion Cut
Daniel Kruger & Niraj Shah
Bloomberg Briefs, November 19, 2012
Category: Credit, Fixed Income/Interest Rates
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt
This says as of Sept ’12 Japan had 1130.7 Billion . They were number 2 behind China.
Also interesting is “OIL Exporters” at 267.0 Billion and they were #3 on the list.
Also note worthy ” Caribbean Banking Centers” 240.4 Billion & #5 right behind Brazil
Interesting, Saudi is supposedly one of the biggest T holders, yet no one knows what they own.
http://www.federalreserve.gov/releases/h41/current/
If I’m reading this right the Federal Reserve has 1,650.8 Billion in Treasuries???
That would make them bigger than China>>>>Is this from all the QE???
Al that QE must destroy the dollar sometime in the near future. Then al the treasuries become worthles.
I rather stick to trading CFD´s. That is more safe than holding treasuries.
http://cfd-trading-info.com/
With post tsunami Japan running net trade deficits instead of trade surplusses, one would expect their recent purchases to be low.
However showing recent purchases during an arbitrary recent time span without making it super obvious is obnoxious. Must reference it to net holdings where the order last I checked was:
1) US Gov
2) Japan
3) China
4) Britain
5) Sum of the oil exporters
Japan. Yes, that’s what I thought as I looked at the Chart. Obviously included in “Others” but that seems very strange, especially if the point is to illustrate major holders, and changes to major holders, of Treasuries. Especially now that Japan has become the number one holder again.
Could this be Treasury propoganda to illustrate that China’s reduced purchases (In favour of Gold, incidentally) is being “Easily” offset by purchases from amny other smaller countries. So, don’t worry…??
Also note these are “foreign” holders- I believe I read someplace that the single biggest holder was US citizens, through pension, insurance and mutual funds. Someone with more time on their hands can look this up.
US Treasury distributions as of end of 3rd quarter:
http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt
Who are these “Others?”
How much is Japan”s and S. Korea’s, GB’s?
Never before seen a chart in which over 50% of the substance is a blank.