TICS: foreign holdings of USTs hit record HIGH IN NOVEMBER; They like US housing market, too (ZeroHedge)
Heading in TO years end — NOVEMBER DATA — a few interesting setups to consider as a fuel for some of what we’re witnessing early on in 2022.
ZH has plenty of graphics and some context, and I just wanted to leave this here,
Foreign Holdings Of US Treasuries Hit A Record High In November
After October's ugliness, and before the carnage began in December, November saw US Treasury yields oscillate with the last week seeing rates plunge on Omicron anxiety.
So, the big question is - did global central banks continue to dump bonds into this late-rally or did they flip-flop back to buyers of the world's most liquid reserve asset?
The answer is - they were back to big buyers.….
WHO is as important as how much and one of the categories I always turned to first was the PRIVATE $$ — those not charged with defending a currency or any other narrative for that matter,
November saw the biggest private-buying of USTs ever...
ZeroHedge ALSO connects some dots to the US housing market …
@zerohedge
Foreigners have built a huge bet on US housing: foreign purchases of US Agency securities have been positive for 56 consecutive months
… let that sink in.