FYI: Some overseas investors appear to be taking a pass on U.S. debt securities just as the administration of President Donald Trump embarks on a record sale of Treasury bills, notes and bonds to pay for its big tax cuts and spending increases.
Top foreign holders of Treasuries like China and Japan have shrunk their portfolios of U.S. government bonds this year, and a recent barometer of participation in Treasury auctions suggests overseas buyers have not been showing up in force, according to Treasury Department data.
Regards,
Ted
https://www.reuters.com/article/usa-bonds-foreign/graphic-foreign-buyers-find-u-s-treasuries-less-appealing-idUSL2N1XU100
