Two crazy things:
- Japan is once again the largest holder of US Treasuries
- that pale green line is the UK holdings of US Treasuries, which have increased by ~$70Billion over the last two months… Where is that money coming from?!
And, it’s not just that Japan has increased it’s purchases, it’s that the Chinese are actively selling.
Someone should hold me and tell me that it’s all going to be alright…
More bewildering words at Zerohedge.