DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Brad Setser - 1 — - 1 Torsten Sløk - 1 Setser - 1 Belgium's - 1 China's - 1 Fannie Mae - 1 Freddie Mac - 1
Top related locs:
China Beijing Treasurys
Top related orgs:
Treasury - 1 Service - 1 Council - 1 Foreign Relations - 1 Apollo - 1 Treasury International Capital - 1 Foreign - 1 Administration of Foreign Exchange - 1

Search resuls for: "Treasury International Capital"


2 mentions found


☆ Is China really dumping Treasury bonds and sending yields higher? A former US official explains the mystery
  + stars: | 2023-10-06 | by ( Filip De Mott | ) www.businessinsider.com   time to read: +4 min
China is not actually dumping its stockpile of US bonds, former Treasury official Brad Setser wrote. A large part of China's holdings are not accounted for in official US data, he said. While it has sold some Treasurys, Beijing has also bought up US debt in the form of agency bonds. Agency bonds are issued by government-sponsored enterprises, and some of the top issuers are US-backed firms like Fannie Mae and Freddie Mac. During 2022 and the first six months of 2023, China purchased over $100 billion agency debt and sold just $40 billion in Treasurys, he estimated.
Persons: Brad Setser, —, Torsten Sløk, Setser, Belgium's, China's, Fannie Mae, Freddie Mac Organizations: Treasury, Service, Council, Foreign Relations, Apollo, Treasury International Capital, Foreign, Administration of Foreign Exchange, Agency Locations: China, Beijing, Treasurys
☆ Column: Central banks still U.S. bond buyers - but FX campaigns may jar: McGeever
  + stars: | 2022-10-11 | by ( Jamie Mcgeever | Thomson Reuters | Jamie Mcgeever Has Been A Financial Journalist Since | ) www.reuters.com   time to read: +6 min
It is true that an increasing number of central banks are intervening in the currency market to sell dollars, and the nominal value of their FX reserves and U.S. Treasury holdings has declined. "Official holdings are falling, but not because central banks are selling. Central banks bought into that downturn but it is unclear whether that continued through August and September, when the BofA Treasuries index lost another 6% and central banks' FX intervention picked up pace. China and Japan, the world's biggest holders of FX reserves, have released September reserves data but neither give a breakdown of currency or asset composition. The nominal value of China's FX reserves stood at $3.029 trillion in September, the lowest since March 2017.
0 next >>
Total: 2