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Foreign Central Banks Furiously Dump US Treasuries: Record $47 Billion Sold In First Two Weeks Of 2016

Foreign Central Banks Furiously Dump US Treasuries: Record $47 Billion Sold In First Two Weeks Of 2016

It's not just stocks have a terrible start to the year, in fact the worst start in history: so is the amount of US Treasuries held in custody at the Fed, a direct proxy for the holdings of foreign central banks, reserve managers and sovereign wealth funds who park owned TSYs at the NY Fed for convenience.

Three Americans Kidnapped By Militia In Baghdad

Three Americans have reportedly been kidnapped by ‘militias’ in the Iraqi capital of Baghdad. The U.S. government is aware of reports and is working with Iraqi authorities to find them, a U.S. State Department official said on Sunday. Their disappearance was first reported by the a pan-Arab news channel Al- Arabiya. RT reports: While their identities have not yet been confirmed, Iraqi independent news agency Akad News said a US serviceman and a translator are among those who were captured in the south of Baghdad.

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