200 Central Banks, Foreign Entities Dump $48B in US Treasuries as Confidence in US Assets Falters
Global central banks continue to withdraw US Treasuries from the New York Federal Reserve since Trump's tariff play in late March. This trend could force the Treasury to hike yields to attract bond buyers, which could drive up borrowing costs.
The central banks have to do it to protect themselves from loans they handed out to the hedge funds. If the funds default the banks go down with them so the ponzi scheme continues until the bubble bursts.
This is why the Fed cannot lower interest rates right now, they literally can't without bursting the bond bubble. It's not just the hedge funds that will go down, systemically, it will take the central banks out with them.
It's coming ...
48 billion against trillions in Treasuries?
Yeah ... that puts a dent in a packet of melting butter ....
Slow walking Operation Sandman? WH's prepping a soft landing?
They are selling because they are in trouble.
Is the MOASS finally coming?
Fingers crossed
Tommorow.
Which one ?
Chump change.