6 days ago • Posted by Jasper Lawler
Foreigners are still buying US debt but own a smaller percentage of the total
While foreign governments / investors continue to buy Treasuries - they are not keeping pace with the new issuance.
This tells us that the Fed cannot stop QE until the government stops borrowing (and the government probably won't stop borrowing until the Fed stops QE...)
chart source: WOLFSTREET.com