(Source: WSJ) – The value of U.S. government bonds held by foreign central banks at the Federal Reserve shrank by a record amount this week, causing a stir in the Treasury market.
Treasury securities held in custody for foreign official and international accounts dropped by $105 billion in the week that ended Wednesday, according to the latest weekly data published by the Fed. That decline brought the current figure to $2.855 trillion, a 15-month low. Continue reading “Big Drop in Foreigners’ Treasury Holdings at Fed Stirs Talk”