Foreign Governments Dump US Treasuries as Never Before, But Who the Heck is Buying Them? | Wolf Street
- It started with a whimper a couple of years ago and has turned into a roar: foreign governments are dumping US Treasuries. The signs are coming from all sides. The data from the US Treasury Department points at it. The Peopleâ€™s Bank of China points at it in its data releases on its foreign exchange reserves. Japan too has started selling Treasuries, as have other governments and central banks.