TED’s A Witch

By |2016-10-20T16:42:23-04:00October 20th, 2016|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

According to the TIC estimates, more than half a trillion in UST’s have been perhaps liquidated from foreign official holdings since October 2014. More than half of that total has taken place just in 2016 alone in the eight months through August. And, of course, in that time UST nominal rates have only fallen and sharply so, contradicting the nightmare [...]