US government bonds: who sells and who, surprisingly, buys
Foreign holdings in US public debt increased in August to a record $ 7.56 trillion, largely due to demand from Japan. By single category of securities i
Long-term bonds: August + $ 30.7 billion, vs $ 10.2 billion in July
Company shares: +8.7 billion dollars, against 34.3 billion dollars
Corporate bonds: +14.7 billion dollars, against -11.0 billion dollars
Who bought this debt, and who sold it. Among those who have increased the ownership of stars and stripes government bonds, as we have already mentioned above, Japan:
But he was not alone, the UK also saw an increase in T-bond investments, even very steep:
Instead, China saw a sharp decline in its holding of Washington state bonds
Political reasons behind this trend? Certainly the United Kingdom and Japan are the major international allies of the US, but, on closer analysis, the buyers were mainly private operators, while the sellers were central banks, China and oil-producing countries.
However, there is a continuous increase in gold reserves by central banking institutions, and a gradual abandonment of the dollar. A sign of dedollarization, or a desire for diversification.
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The article US government bonds: who sells and who, surprisingly, buys comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/titoli-di-stato-usa-chi-vende-e-chi-a-sorpresa-compra/ on Tue, 19 Oct 2021 07:00:22 +0000.