US Treasury Debt Held by Foreign Investors: Ravenous Appetite for Juicy Yields, Juicy Compared to their Stuff at Home
As the recklessly ballooning US Treasury debt is spiraling toward $36.0 trillion, amid fears about its trajectory, investors around the world, from central banks to private investors, are facing a bizarre situation: They might fret about the trajectory of the US Treasury debt, but they like the higher yields, and they loaded up.