Foreign Treasury Selling Is Getting Serious

Foreign Treasury Selling Is Getting Serious Submitted by QTR's Fringe Finance We already knew that the bond market was starting to call bullshit on America’s fiscal and monetary policy. Now we know that foreign governments are dumping U.S. Treasuries, and China is leading the way…even while President Trump pals around with President Xi Jinping. According to CNBC, foreign holdings of U.S. government debt fell sharply in March as central banks sold Treasuries to defend weakening currencies during the geopolitical and energy shock tied to the escalating Middle East conflict. China reduced its Treasury holdings to roughly...