The Weekly Fix: Overseas Bond Buyers Are Buying the Fed’s Pivot
The US Treasury building in Washington, DC. Demand for Treasuries from overseas investors suggests they’re expecting the Fed to soon pivot.
Photographer: Ting Shen/BloombergWelcome to the Weekly Fix, the newsletter that refuses to talk about the US debt ceiling. I’m cross-asset reporter Katie Greifeld.
It’s well-documented that bonds are back in vogue. It appears that’s especially true for overseas investors.