Mmastodon BusinessEconomy first seen 1 h ago, last 1 min ago, peak #12
Private foreign buying of US Treasuries falls sharply
Original: “FOREIGN DEMAND🚨FOR US TREASURIES IS FADING FAST. Private foreign buying of longer-term US TSYs fell🚨to ~$263B over the
Private foreign purchases of longer-term US Treasuries dropped to roughly $263 billion over the past 12 months, nearly half the about $506 billion bought in the previous year, according to figures circulating among market watchers. Commenters argue foreign money is not leaving the United States but shifting into other assets. Traders are watching whether weakening overseas demand pushes up long-term US borrowing costs.
Why now: Falling foreign demand for Treasuries raises concerns about US borrowing costs and the dollar's safe-haven status.
Rank over time, top of the chart is #1. 2 snapshots from 1 h ago to 1 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/32878