• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 56 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 7 days If hydrogen is the answer, you're asking the wrong question
  • 19 hours How Far Have We Really Gotten With Alternative Energy
  • 11 days Biden's $2 trillion Plan for Insfrastructure and Jobs

Breaking News:

Oil Prices Gain 2% on Tightening Supply

Dave Forest

Dave Forest

Dave is Managing Geologist of the Pierce Points Daily E-Letter.

More Info

Premium Content

Foreigners Buy $117 Billion in Treasuries During August

The U.S. bond market is murky these days.

Yields have been plummeting. But some of the action is almost certainly due to the Federal Reserve once again buying Treasuries. Since August 19, the Fed has bought $40 billion in government bonds.

US Treasury Securities

But the Fed has no influence over foreign buyers of U.S. Treasuries. And these purchasers have been coming on strong.

Data last week showed that foreigners bought $117 billion in net Treasuries during August. This is the second-highest monthly total of all-time. Just a hair under the record $118 billion purchased by foreigners in November 2009.

US Securities - Foreign Buying

Foreign buying of U.S. government debt has been in an uptrend since early 2009. Apparently the death of the dollar isn't so convincing abroad.

By Dave Forest of Notela Advisors


Download The Free Oilprice App Today

Back to homepage





Leave a comment
  • Anonymous on October 22 2010 said:
    If that is a government supplied info graph I wouldn't believe a line of it.

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News