Foreign central banks are thinking twice about US Treasuries

The Fed is reducing its balance sheet and foreign central banks are no longer buying in as large size of Treasuries. — Reuters

IF foreign investors en masse are gorging on US Treasuries, central banks may be beginning to lose their appetite.

Official US data flows show that overseas private sector investors – banks, asset managers, insurance funds, pension funds, retail investors – are loading up on Treasuries while the official sector’s holdings are flat-lining at best.