Debt out the wazoo, but someone is still buying it.
Despite repeated speeches to the contrary.
Treasury yield curve survives rate hike upright. Yield curves steepen in China, Japan & Germany. Era of NIRP scheduled to end.
China, Japan, other foreign investors, the Fed, US government funds? Nope.
Bubbles don’t end well for those who don’t get out in time.
How does it compare to German, Japanese, and Chinese yield curves?
Russia, Japan, and the Fed dumped, China hung in there…. But who bought?
How the “Yield Curves” Stack Up in central-bank manipulated bond markets.
Good thing Russia never held as many Treasuries as China and Japan. The scenario would have been different.
How the US Trade War with China over autos stacks up against the Trade War the US Lost against Japan.