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US dollar debt overall is still selling, assuming that it all comes through treasury securities [0]. That is still a reasonable uptrend on the Grand Total line.
by roenxi 3y ago
US dollar debt overall is still selling, assuming that it all comes through treasury securities [0]. That is still a reasonable uptrend on the Grand Total line. Although China appears to be nope-ing out.
It is entering an interesting phase because it isn't immediately clear from the stats who is on the other side of the tax havens like Luxembourg, Ireland and the Caymans. Brave people, without a doubt. I'm cynically assuming retirement funds but not really putting any weight behind that wild stab.
[0] https://ticdata.treasury.gov/resource-center/data-chart-center/tic/Documents/slt_table5.html https://ticdata.treasury.gov/resource-center/data-chart-cent...