Foreigners Purchasing U.S. Equities, While Reducing Treasury Holdings

posted in: Credit, Equities, Uncategorized | 0

The S&P 500 large cap index was flat in March.  Foreigners only purchased $876 million worth of U.S. stocks in that month. Of late, they have been more of a tailwind than a headwind. The 12-month rolling total of foreign … Continued

China’s Receding Treasury Holdings And 10-Year Yields

posted in: Credit, Currency, Economy | 0

China’s Treasury holdings rose by $9.1 billion month-over-month in December.  This comes in the wake of six consecutive months of contraction during which it sold $194.7 billion worth.  This was the first monthly increase since last May. Coincidentally or not, … Continued