ALERT: China Continues Dumping US Treasuries But Here Is The Big Shocker

Monday, November 19, 2018
By Paul Martin
November 19, 2018

Yes, in the midst of the expanding tariff and trade war, China continues dumping US Treasuries, but here is the big shocker.

China Continues Dumping US Treasuries
November 19 (King World News) – Here is what Peter Boockvar wrote today as the world awaits the next round of monetary madness: Seen late Friday, foreigners were net sellers again in September of US Treasury notes and bonds. This in a month where the 10 yr yield jumped to 3.06% from 2.86%. The selling totaled $11.5b which brings the net year to date buying to $90.5b, which if it holds would be the most since 2014…

China Dumps $18 Billion Of US Notes And Bonds
China really picked up the pace of selling as it shed $18.5b of notes and bonds. The buying of bills reduced the net amount of selling to $13.7b which marks the 5th month in the past 6 they’ve reduced their US bond position. At $1.15 Trillion, China holds the least amount of US Treasuries since June 2017. We saw the pace of Japanese purchases pick up in September, by a net $16.1b of notes and bonds but that was completely offset and then some by the maturation and/or selling of bills. Japan’s holdings stand at the least since 2011.

The Rest…HERE

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