So it begins: Foreigners Sell A Record Amount, Over $100 Billion, Treasuries one week

[slvrbugjim]

http://www.zerohedge.com/news/2014-03-14/it-begins-past-week-foreigners-sell-record-amount-over-100-billion-treasurys-held-fe

A month ago we reported (http://www.zerohedge.com/news/2014-02-18/china-sells-second-largest-amount-us-treasurys-december-and-guess-who-comes-rescue)that according to much delayed TIC data, China had just dumped the second-largest amount of US Treasurys in history. The problem, of course, with this data is that it is stale and very backward looking. For a much better, and up to date, indicator of what foreigners are doing with US Treasurys in near real time, the bond watchers keep track of a less known data series, called "Treasury Securities Held in Custody for Foreign Official and International Accounts (http://research.stlouisfed.org/fred2/series/WMTSECL1)" which as the name implies shows what foreigners are doing with their Treasury securities held in custody by the Fed on a weekly basis. So here it goes: in the just reported latest data, for the week ended March 12, Treasurys held in custody by the Fed dropped to $2.855 trillion: a drop of $104.5 billion. This was the biggest drop of Treasurys held by the Fed on record, i.e., foreigners were really busy selling.
This brings the total Treasury holdings in custody at the Fed to levels not seen since December 2012, a period during which the Fed alone has monetized well over $1 trillion in US paper.




https://fbexternal-a.akamaihd.net/safe_image.php?d=AQAQ8rVavOMIKCCY&w=398&h=208&url=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefau lt%2Ffiles%2Fimages%2Fuser5%2Fimageroot%2F2014%2F0 3%2FCustody%2520Holdings_1_0.jpg&cfs=1

[Neuro]

That is huge! However it is possible, that a foreign power did not sell those treasuries, but decided it was better to take custody of them. Ponce? Who did you speak to recently? Putin?

[madfranks]

If they sold $100 billion in treasuries, that means that someone bought them. The OP article doesn't say who's buying all these, I wonder if it's the fed?

[mamboni]

If they sold $100 billion in treasuries, that means that someone bought them. The OP article doesn't say who's buying all these, I wonder if it's the fed?

Has to be the FED or one of our pupper client states like Japan or Belgium.

[Ares]

If they sold $100 billion in treasuries, that means that someone bought them. The OP article doesn't say who's buying all these, I wonder if it's the fed?

Look no further than Belgium.... Back door most likely.. IMF through Belgium buying up the Treasuries.

http://seekingalpha.com/instablog/839735-katchum/2689871-belgium-buys-u-s-treasuries-that-nobody-wants

http://www.zerohedge.com/news/2014-02-18/china-sells-second-largest-amount-us-treasurys-december-and-guess-who-comes-rescue

[Jewboo]

http://www.secretsofthefed.com/wp-content/uploads/2013/07/357k3b.jpg




Kerry has been threatening to "freeze" Western investments owned by Russians. Makes sense to sell them now.

[Neuro]

Look no further than Belgium.... Back door most likely.. IMF through Belgium buying up the Treasuries.

http://seekingalpha.com/instablog/839735-katchum/2689871-belgium-buys-u-s-treasuries-that-nobody-wants

http://www.zerohedge.com/news/2014-02-18/china-sells-second-largest-amount-us-treasurys-december-and-guess-who-comes-rescue
Belgiums capital is Brussels which is where the EU Parliament is located. The circle jerk that's been going on is that the Federal Reserve is buying Euro-debt, while European Central Bank is buying US treasuries. It is monetization hidden in plain sight. If they bought the treasuries, it would show up again on the federal reserve list of what they have in custody. The thing is if a country is using the Federal Reserve as a custodian, they really have lost the freedom to dump treasuries as a punishment. As far as I can see there are three possible foreign entities that can do this at this point. Russia, China and Arab oil states...

[chud]

Gold and Silver are up.

[mick silver]

didnt china an russia say this week that they would sell there bonds if the usa went to far with russia ? what are the stock market doing today ..... up are down

[EE_]

didnt china an russia say this week that they would sell there bonds if the usa went to far with russia ? what are the stock market doing today ..... up are down

Dow only lost 43 pts. Everything is fine! Soon as spring gets here, the market will be rolling. Personal wealth is at an all time high don't cha know.

[Serpo]

If they sold $100 billion in treasuries, that means that someone bought them. The OP article doesn't say who's buying all these, I wonder if it's the fed?


Who else would want them...................

[Serpo]

Gold and Silver are up.


Silver hit 22 last week ,gold is up silver is dragging its feet..............

[mick silver]

is china still trying to get back a piece of dirt some were is so would it not be something if china went after that dirt at the same time all of this is taking place with russia , if they did what the hell would the usa do about it

[govcheetos]

Who lives in Belgium?

[Shami-Amourae]

Who lives in Belgium?

Waffles.