Buying In USTs Is Split By The Time Of The Day: Foreigners Buy Heavily Then Americans Sell. Why?

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Nov 1, 2022 at 11:32 PM EDT

Treasury trading today was another perfect example of the insanity gripping the marketplace.

Tasty cake with flag on bunch of paper dollars

Image Source: Pexels

Treasury trading today (11/1) was another perfect example of the insanity gripping the marketplace. Americans are more afraid of the Fed and its rate hikes which are based on psychology not the economy, so they sell Treasuries. Meanwhile, foreigners can't get enough of them, increasingly afraid of the actual economy and what more the dollar will do to it.

Video Length: 00:18:56

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Disclosure:

This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

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