China Net Seller Of US Treasurys For Fourth Consecutive Month

[Ares]

While we will present a comprehensive update of the just released TIC data shortly, the one chart worth noting is the sequentual change in holdings by foreign countries, and particularly one of them. Importantly, of the 4 largest holders of US debt, China, Japan, the UK and Oil Exporters, the latter 3 all saw an increase in their Treasury holdings, China continues selling Treasurys, with a 4th consecutive decline in its total holdings. That said, since TIC data is notoriously flawed and always incorrect, with at least half UK purchases being attributed to China post annual revisions (nobody knows who is responsible for the other half) it could well turn out that China was the only country actually buying US paper. We won't know for sure for at least a year from now following the next full year revision. And by then it likely won't matter.

<img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/bernanke/TIC%20February.jpg"/>

http://www.zerohedge.com/article/china-net-seller-us-treasurys-fourth-consecutive-month

[chad]

While we will present a comprehensive update of the just released TIC data shortly, the one chart worth noting is the sequentual change in holdings by foreign countries, and particularly one of them. Importantly, of the 4 largest holders of US debt, China, Japan, the UK and Oil Exporters, the latter 3 all saw an increase in their Treasury holdings, China continues selling Treasurys, with a 4th consecutive decline in its total holdings. That said, since TIC data is notoriously flawed and always incorrect, with at least half UK purchases being attributed to China post annual revisions (nobody knows who is responsible for the other half) it could well turn out that China was the only country actually buying US paper. We won't know for sure for at least a year from now following the next full year revision. And by then it likely won't matter.

<img src="http://www.zerohedge.com/sites/default/files/images/user5/imageroot/bernanke/TIC%20February.jpg"/>

http://www.zerohedge.com/article/china-net-seller-us-treasurys-fourth-consecutive-month


mainland china = not buying

japan = melting in to the sea

england = completely broke + fucked

oil exporters = rioting in the streets

everything is looking great!

[JDRock]

...i wouldnt hold treasuries any more than spent fuel rods from fuck-you shima...

[G2Rad]

the FED is the only buyer

they call it debt monetization, while it is nothing else but money printing

[mick silver]

the game is about to come to a end . dam it going to get a lot worst then any bad dream i every had .

[Ares]

I remember back when I first joined GIM I asked when would you know that the shit was about ready to hit the fan. The first response (Sorry I can't remember who it was that posted it) said when you see China selling treasuries in mass.

I think we're seeing it now ladies and gentleman.

[mick silver]

for the ones who dont know history ....http://en.wikipedia.org/wiki/Great_Depression .... The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s.[1] It was the longest, most widespread, and deepest depression of the 20th century. In the 21st century, the Great Depression is commonly used as an example of how far the world's economy can decline.[2] The depression originated in the U.S., starting with the fall in stock prices that began around September 4, 1929 and became worldwide news with the stock market crash of October 29, 1929 (known as Black Tuesday). From there, it quickly spread to almost every country in the world.

The Great Depression had devastating effects in virtually every country, rich and poor. Personal income, tax revenue, profits and prices dropped, while international trade plunged by more than 50%. Unemployment in the U.S. rose to 25%, and in some countries rose as high as 33%.[3] Cities all around the world were hit hard, especially those dependent on heavy industry. Construction was virtually halted in many countries. Farming and rural areas suffered as crop prices fell by approximately 60%.[4][5][6] Facing plummeting demand with few alternate sources of jobs, areas dependent on primary sector industries such as cash cropping, mining and logging suffered the most.[7]

Some economies started to recover by the mid-1930s. However, in many countries the negative effects of the Great Depression lasted until the start of World War II.[8]

[JJ.G0ldD0t]

ok - so I'm asking myself:

"How much do they hold?
At this rate, how long till they have dumped it all?
Who the hell is buying all of that? The FED?"

[JJ.G0ldD0t]

ehh
bump?
anyone?




ok - so I'm asking myself:

"How much do they hold?
At this rate, how long till they have dumped it all?
Who the hell is buying all of that? The FED?"

[platinumdude]

ehh
bump?
anyone?




ok - so I'm asking myself:

"How much do they hold?
At this rate, how long till they have dumped it all?
Who the hell is buying all of that? The FED?"





Someone in the cayman islands who is really rich.


Maybe The U.S. will start buying them to prop up social security. Or our new upcoming mandatory 401k retirement fund will have to be in treasuries.