Friday, December 30, 2011

Foreigners Dumping US Treasurys in Record Numbers

Foreign investors are selling Treasury positions in record numbers, even at a time when such assets are performing well.

In the week ended Dec. 28, foreign investors sold the second-highest amount of U.S. bonds in history at $23 billion, Zero Hedge reports, citing Federal Reserve data.

In the last month alone, foreigners sold a record $69 billion in U.S. paper. The numbers really defy logic.

"The euro plunges and the market refuses to follow, with risk assets rising on speculation the ECB (and/or Fed) are about to restart printing yet gold collapsing ... and finally with Treasurys soaring to near all time highs," Zero Hedge reports.

5 comments:

  1. Smarter than I thought. Of course, one person in the article says he think they are dumping them because stocks are such a good investment now!:)

    ReplyDelete
  2. They are just trying to start another bubble in ANYTHING. Traitors.

    ReplyDelete