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China Sold Second-Largest Amount Ever Of US Treasurys In December: And Guess Who Comes To The Rescue

China Sold Second-Largest Amount Ever Of US Treasurys In December: And Guess Who Comes To The Rescue

Submitted by Tyler Durden on 02/18/2014 10:29 -0500

While we will have more to say about the disastrous December TIC data shortly, which was released early today, and which showed a dramatic plunge in foreign purchases of US securities in December - the month when the S&P soared to all time highs and when everyone was panicking about the 3% barrier in the 10 Year being breached and resulting in a selloff in Tsy paper - one thing stands out. The chart below shows holdings of Chinese Treasurys (pending revision of course, as the Treasury department is quite fond of ajdusting this data series with annual regularity): in a nutshell, Chinese Treasury holdings plunged by the most in two years, after China offloaded some $48 billion in paper, bringing its total to only $1268.9 billion, down from $1316.7 billion, and back to a level last seen in March 2013!

Read more: http://www.zerohedge.com/news/2014-02-18/china-sells-second-...

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that dollar is soaring! just

that dollar is soaring! just like ron_is_for_real said it would! soaring I tell you!

Cyril's picture

I don't the freaking care. Now, where's my free stuff?

I don't the freaking care. What the heck.

Now, where is my free stuff made in China?

I want it NOW.

I'm sick and tired of waiting after it. Damn it. WHERE the fudge IS IT?!

Oh, and dear gov't better keep it coming after I lose my job and everything fails around me, or whichever happens first.

Or else!

Wait... Er... Or else...

Hang on...

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Bread and Circuses, Baby

It's all about perception.

they will crash no $ untill it's time!

They will do what ever it takes to not let the dollar crash until the appointed time.

"You only live free if your willing to die free."

how do you know?

how do you know?

self preservation

Because humans have a remarkably strong drive for self preservation.
At least the intelligent ones do.

"You only live free if your willing to die free."