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Bond Traders Dump U.S. Treasuries Casino Banking

serf
The central banks are playing Casino roulette and who is the first to feel the pain with derivates trades?

serf

https://www.bloomberg.com/news/articles/2018-10-17/bond-traders-get-paid-big-to-dump-u-s-treasuries-and-go-abroad

The firm?s $15 billion Five-Year Global Fixed Income Portfolio, which hedges against currency fluctuations, has added $1.7 billion worth of euro-denominated government debt this year, from countries including Belgium, Finland and the Netherlands, regulatory filings through July show.

The largest holding -- five-year Austrian debt yielding 0.017 percent -- has a hedged yield of 3.31 percent. Similar-dated U.S. notes yield 3.02 percent.
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Comments

6 comments

Date Votes
  • serf
    quote:Originally posted by GreatGuns
    "Fake News" designed to inspire or scare the market. Nothing more. You're really trying today serf, pretty sad effort though. Sad. [:(]


    Yeah it's all fake so why bothering posting to refute it.

    serf
    https://www.rt.com/business/441486-china-japan-us-treasuries-slash/

    Earlier this week, Goldman Sachs said that US policy of sanctions and tariffs against major economies, including Russia, China and Iran, dragged down the dollar?s share of global central-bank reserves. Meanwhile, the data from the International Monetary Fund confirms that the US dollar's share in the global central-bank reserves dropped to 62.3 percent from April to June, while holdings in the euro, yen and yuan gained as a share of allocated reserves.
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  • wpage
    Time will tell.
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  • serf
    quote:Originally posted by GreatGuns
    No need to refute it, fake news is fake news and supported by more fake news. Just warning others here not to bother reading it. They won't get the few minutes of their wasted time back. It's all fake news. Come to think of it, I will now refer to you as "fake news serf." [;)]


    Stick your head in the sand, you cannot accept reality. The US dollar is going to lose it's World Reserve Currency Status soon unless there- is a war in the Middle East first.

    China, Russia, and Iran along with other nation states have dropped the dollar a long time ago for trading goods and services between them.

    serf
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  • wiplash
    Oh Boy! Another comical post by serf on how the World ends!

    You do know that people are laughing at you, right?[:D]
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  • spasmcreek
    a simple look at 90% of the different countries financial condition would make one bury coin in the back yard...?????
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  • mogley98
    We have a lot of resources here in this country unlike some of the other countries that peddle phoney currency.

    We can probably hold out a while longer :)
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