U.S. Bond Market’s Biggest Buyers Are Selling Like Never Before
- Central banks have cut Treasuries for three straight quarters
- Pullback may be a sign the bond market is at a tipping point
The Relationship Between U.S. Treasuries and the Dollar
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They’ve long been one of the most reliable sources of demand for U.S. government debt.
But these days, foreign central banks have become yet another worry for investors in the world’s most important bond market.