FatDuck3
Oct 14, 4:46 PM
$JNUG $SLV $GLD $B $NEM
FED'S WALLER: SURGING U.S. BOND YIELDS DRIVEN BY GROWTH, NOT INFLATION
This is the fed's "wisdom" & insistence they can do no wrong or ever print too much. The more likely reasoning for yields moving higher is debt issuances, debt buybacks & the fact that foreign buyers have declined 80% this year. I do really wonder what the Fed does
Foreign net purchases of U.S. Treasury bills fell roughly 80% year-over-year for the 12 months through July 2026: from
$250.5 billion to
$49.4 billion.
The bulk of the decline came from foreign official institutions (central banks & govts), which flipped from net buyers of about
$138 billion to net sellers of about
$56 billion over the same period. Private foreign purchases stayed relatively steady.
July itself showed a rebound (+
$38.8 billion in foreign T-bill holdings), but the cumulative 12-month figure still reflects the sharp drop. The next TIC release (covering August 2026 data) is scheduled for October 16, 2026.
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