Russia Liquidates Its US Treasury Holdings

[Altavest_Erik]

https://www.zerohedge.com/news/2018-07-17/russia-liquidates-its-us-treasury-holdings

 

[Maverick1]

the overlay of the Russian selling and move up in yields to the 3% level is breath-taking... can you imagine, all that talk of "ooh boy here comes inflation!" was in fact the red bear at work...

 

[sle]

the overlay of the Russian selling and move up in yields to the 3% level is breath-taking... can you imagine, all that talk of "ooh boy here comes inflation!" was in fact the red bear at work...

The flows were net buying, btw

 

[Maverick1]

The flows were net buying, btw

Russia was a net buyer of US Treasuries from April to late May?

 

[cdcaveman]

Maybe people a year or two from now will say trump warned Putin and the top was in at this point...all will be clear in hindsight...

 

[sle]

Russia was a net buyer of US Treasuries from April to late May?

Net flows based on the holding report - sovereigns were net sellers, private were net buyers.

 

[srinir]

Russia is marginal player at the best in treasury holdings, but in they are number one in republicans heart

http://ticdata.treasury.gov/Publish/mfh.txt

 

[Maverick1]

Net flows based on the holding report - sovereigns were net sellers, private were net buyers.

Your point is? And also what was the period for the holding report you mention?

 

[zdreg]

Russia is marginal player at the best in treasury holdings, but in they are number one in republicans heart

http://ticdata.treasury.gov/Publish/mfh.txt

Russian are very shrewd. they know the dollar is overvalued

 

[srinir]

Overvalued with respect to ruble? I don't follow ruble that much.

Their reduction don't even cause blip. Couple of years back Chinese reduced about $200 billion, dollar actually rallied.

I won't call dollar overvalued when 3 months bills yields more than sp500 dividend and negative interest rate regime in euro area.