Foreign Central Banks Are Quietly Scooping Up US Treasurys
Back in February, we wrote that over half a year after we first reported last August that foreign official institutions - central banks, sovereign wealth funds and reserve managers - are liquidating US Treasurys in record amounts, a process that only accelerated into year end when official entities sold a record $405 billion in US paper in the LTM period, Bloomberg decided to catch up to the topic with "America’s Biggest Creditors Dump Treasuries in Warning to Trump."