The Foreign Demand For US Treasurys Under Obama Is Declining & The Federal Reserve Is Picking Up The Slack

Few charts capture as effectively the shift in foreign demand for US Treasurys over the past 4 years, or under the Obama administration, as the following two, courtesy of the latest TBAC Q4 refunding presentation. They are quite self-explanatory.

Total foreign demand: Bills and Coupons.


And foreign demand for just Coupon paper.


So who is picking up the slack?


And what is another name for Primary Dealers?...think POMO.... Why, the Fed of course.





Treasury Bonds Yield Is Quarter Point From Record Low & Shorting Bonds Is Still The Trade Of The Decade

Treasury Issues Fresh Batch Of 10 Year Bonds ($24 Billion Of Debt)

China: Another Month, No Buying Interest In U.S. Treasuries

Soon the Fed will be the only major buyer because there's no way the markets can absorb all the needed cash.

What's worse is what this says about the relationship with China.

It used to be we tolerated their currency cheating and other crimes because they recycled our money back to us.

But there isn't that rationalization anymore.

We're headed for a cliff.

I'm buying storable food.

Soon the Fed will be the only major buyer because there's no way the markets can absorb all the needed cash.

What's worse is what this says about the relationship with China.

It used to be we tolerated their currency cheating and other crimes because they recycled our money back to us.

But there isn't that rationalization anymore.

We're headed for a cliff.

I'm buying storable food. Originally Posted by theaustinescorts

Spam is good, really

Spam is good, really Originally Posted by cptjohnstone

Right now there's a lot of people in the NY/NJ area that would give anything for a mouth full of spam!

http://www.mountainhouse.com
http://www.efoodsdirect.com

https://propurusa.com
http://www.berkeyfilters.com

Let us not forget that the SS trust fund is required to buy US T bills. The Fed buys them so we can print more money. I believe that we and the Fed are the largest holders of our own debt. Keep those printing machines running we are fucking ourselves.