Foreign buyers of debt vanish just as the U.S. needs them most

Palisade Research/Adem Tumerkan

“Making matters worse – not only are foreigners not buying as much U.S. debt. But the current top overseas holders – China and Japan – are actually selling their U.S. government bonds. China’s selling because of the ongoing Trade/Currency war with the U.S. – as well as their own domestic need for liquidity.  And Japan’s selling because of the strong U.S. dollar – which has crippled Emerging Markets and global asset prices throughout 2018.”

Repost from 11-3-2018

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