Mmastodon BusinessEconomy first seen 7 h ago, last 19 min ago, peak #10
Foreign demand for long-term US Treasuries falling sharply
Original: “FOREIGN DEMAND🚨FOR US TREASURIES IS FADING FAST. Private foreign buying of longer-term US TSYs fell🚨to ~$263B over the
Private foreign purchases of longer-term US Treasuries dropped to roughly $263 billion over the past 12 months, nearly half the approximately $506 billion bought in the previous year, according to figures circulating among market watchers. Commenters note foreign money is not leaving the United States but shifting into other assets, raising questions about who will fund US debt issuance going forward.
Why now: Investors are worried about weakening overseas appetite for US government debt and its implications for yields and the dollar
Rank over time, top of the chart is #1. 6 snapshots from 7 h ago to 19 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/32878