Central banks sold a record $32.4B in U.S. Treasurys (SHY) in the week to June 26 - taking their holdings to $2.93T - for the third weekly outflow in the past four weeks. Meanwhile, bond funds tracked by data provider EPFR Global experienced total redemptions of $23.3B last week. The numbers provide some color to the sharp rise in Treasury yields since Ben Bernanke first signaled the Fed would start tapering QE.
Central banks sold a record $32.4B in U.S. Treasurys (SHY) in the week to June 26 - taking their...
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