Bill’s Commentary:
“The buyer of last resort for US Treasuries is, and always has been the (non) Federal Reserve…”
Foreign Treasury Selling Is Getting Serious
We already knew that the bond market was starting to call bullshit on America’s fiscal and monetary policy. Now we know that foreign governments are dumping U.S. Treasuries, and China is leading the way…even while President Trump pals around with President Xi Jinping.
According to CNBC, foreign holdings of U.S. government debt fell sharply in March as central banks sold Treasuries to defend weakening currencies during the geopolitical and energy shock tied to the escalating Middle East conflict.
China reduced its Treasury holdings to roughly $652 billion, the lowest level since 2008. Japan, the single largest foreign holder of U.S. debt, also cut exposure aggressively. Overall foreign holdings dropped from approximately $9.49 trillion to $9.25 trillion in a single month.
Bill’s Commentary:
“Did MAGA just die?”
Bill is interviewed by Kinvestor – (Also posted under Interviews)
Bill’s Commentary:
“And they told you you were an idiot for buying $400 gold in 1986?”
Bill’s Commentary:
“The Fed has cut rates 1.25% since 2024, yet bond rates have risen 1.25%+ since then… hmmm?”
BillHolter.com 