In Unexpected Twist, Oil Exporters Are Buying Treasurys While They Liquidate Stocks
by Tyler Durden
ZeroHedge.com
02/14/2016
While the wholesale equity selling by SWFs has become manifest just as predicted, in recent months something unexpected emerged when looking at other asset classes in which SWFs are involved, most notably Treasurys. ” Unexpected”, because US Treasury paper was one of the asset classes many expected would feel the brunt of SWF selling, perhaps much more so than equities. Quite the opposite has not happened.
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