% | $
Quotes you view appear here for quick access.

SPDR S&P 500 ETF Message Board

  • silversplode silversplode Aug 17, 2013 12:56 AM Flag

    Great article from "Money and Markets"

    By Mike Larson
    Thursday, August 15, 2013 at 3:35 pm

    Did you hear the news out of the Treasury Department this morning? It was an absolute disaster for the bond market — and for good reason:

    Foreign holders dumped a whopping $40.8 billion in long-term Treasuries, the biggest exodus from bonds in the history of the U.S.

    Worse, June was actually the third month of mass dumping in the past four, for a total of $79 billion. China, the biggest holder of our bonds, unloaded $21.5 billion, while Japan, the second-largest holder, dumped $20.3 billion.

    The chart below says it all. The spikes on the right display the selling.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
217.29-0.41(-0.19%)Aug 26 4:00 PMEDT