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"It Was A Deer In Headlights Moment": Japan Dumps Most US Treasuries Since May 2013

"It Was A Deer In Headlights Moment": Japan Dumps Most US Treasuries Since May 2013

With the December monthly TIC data due out this week, bond traders will be closely watching if the selling of US Treasuries by foreign accounts, and especially central banks, which as we have repeatedly shown for the past several months has hit record levels...

 

... will persist, with a focus on whether China's near record selling of US paper will persist.

 

However, this time the surprise may not be China, but its nemesis across the East China Sea, Japan.

Hundreds Arrested In Nationwide Pizzagate Raids

A massive nationwide sting has seen over 500 individuals connected to child sex offences arrested in the first of many Pizzagate raids.  Officials from police departments, fire departments and local government are said to be among the hundreds arrested, as the FBI ramp up efforts to arrest everybody connected to a Washington D.C pedophile ring. The raids involved 23 law enforcement agencies spanning 14 states over the last 3 weeks, and targeted child sex offenders and sex traffickers across America.

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