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Trendbusters! Foreign Cenbank Holdings of US Obligations Weekly Update ? to March 17, 2010

By Implode-Explode Heavy Industries

" The Fed's own MBS holdings shot up $37.268 billion last week, in one of the last few big buying splurges before the Fed's quasi-exit from the MBS market. Meanwhile, out of nowhere, foreign central banks' holdings of treasuries suddenly surged upwards in one of the biggest leaps of the last decade, crashing the combined obligations number straight through the $3 trillion mark. Obviously something happened, but as usual we are left in the dark as to what it was."

Full post as published by Mortgage Lender Implode-o-Meter on March 19, 2010 (boomark / email).