During this most recent dollar index correction, the foreign sector did not re-accumulate their Treasuries. Around the margins, it has been a more persistent (albeit still small) shift away from Treasuries.
LynAlden on Nostr: Normally, the foreign sector sells Treasuries during a spike in the dollar index, in ...
Normally, the foreign sector sells Treasuries during a spike in the dollar index, in order to defend their currencies. Then, when the dollar index corrects back down, they re-accumulate the Treasuries that they had sold during the spike.
During this most recent dollar index correction, the foreign sector did not re-accumulate their Treasuries. Around the margins, it has been a more persistent (albeit still small) shift away from Treasuries.
During this most recent dollar index correction, the foreign sector did not re-accumulate their Treasuries. Around the margins, it has been a more persistent (albeit still small) shift away from Treasuries.