Foreign holdings of U.S. Treasuries fall again in September
“Foreign investors held $7.071 trillion in U.S. Treasuries in September, down from $7.083 trillion the previous month, the Treasury Department report said. Japan and China’s Treasury holdings fell in September to $1.276 trillion and $1.061 trillion, respectively. Japan remains the largest holder of U.S. Treasuries.”
USAGOLD note: That which cannot be sold abroad must be sold at home. That which cannot be sold at home must be monetized. Just because the level of debt being issued by the federal government has gone vertical, it does not mean that the rules of the game have changed.
Source: U.S. Department of the Treasury • • • Click to enlarge
Repost from 11-18-2020