SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (106085)5/16/2014 9:45:53 AM
From: TobagoJack  Respond to of 220163
 
In the mean time another puzzle ...

On May 16, 2014, at 6:10 PM, M wrote:

And if you go back further, while Belgium currently holds $381.4 Billion in US Treasuries, they held only $15.2 Billion in US Treasuries as recently as December 2009.

(they held $188.4 Billion in March 2013 and $180.3. Billion in October 2013).
How / why did they go from $15.2 Billion in December 2009 to $138.8 in December 2012?

Something's amiss, but I'm not sure exactly what it is.....ECB / Fed swap lines and requisite collateral?

M

On Fri, May 16, 2014 at 6:02 PM, M wrote:

I'm not so sure it is the Fed.....or the Fed alone.

From October to March using TIC data:
treasury.gov

Russia: -49.5 Billion -33.0%
Belgium: +200.9 Billion +111.5%

While the Fed might be part of it, given that Brussels is the Capital of the EU & European Parliament, it could be that the ECB has been desperate to keep the Euro from appreciating any more and has been selling Euros and buying USD and thus US Treasuries?