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Why so much foreign demand for US Treasuries?

Summary:
Record US trade deficit means record holdings of USD by foreigners. So, Treasuries are logical.

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Record US trade deficit means record holdings of USD by foreigners. So, Treasuries are logical.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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