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.

Wise words...

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s