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Central banks sold a record $32.4B in U.S. Treasurys (SHY) in the week to June 26 - taking their...

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.
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Comments (2)
  • justaminute
    , contributor
    Comments (804) | Send Message
     
    It would be interesting if everyone refused to buy Treasurys.
    30 Jun 2013, 03:12 AM Reply Like
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Which countries are selling: clearly Japan, as the hard data has already shown. I surmise China as well. Rates are moving up and to maintain the spread values this was a timed sell.
    30 Jun 2013, 02:53 PM Reply Like
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