(Bloomberg) — In times of Treasury turmoil, the biggest investor outside American soil has historically lent a helping hand. Not this time round.
Most Read from Bloomberg
Japanese institutional managers — known for their legendary U.S. debt buying sprees in recent decades — are now fueling the great bond selloff just as the Federal Reserve pares its $9 trillion balance sheet.
The latest data from BMO Capital Markets show the largest overseas holder of Treasuries has offloaded almost $60…
Source link
