In Unexpected Twist, Oil Exporters Are Buying Treasurys While They Liquidate Stocks

Sunday, February 14, 2016
By Paul Martin

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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