Thursday, June 27, 2024
Sunday, May 19, 2024
The obscenity of US national debt at $34.5 trillion notwithstanding, the value of grand total foreign ownership of it is up almost $529 billion year over year in March 2024 to a record high of . . .
. . . $8.091 trillion.
An almost 7% increase.
Here.
Bridgewater Associates founder Ray Dalio told the Financial Times a few days ago that he is concerned the soaring U.S. debt levels will make Treasurys less attractive “particularly from international buyers worried about the US debt picture and possible sanctions.”
So far, that hasn’t been the case: Foreign holdings of U.S. federal debt stood at $8.1 trillion in March, up 7% from a year ago, according to Treasury Department data released Wednesday. Risk-free Treasurys are still seen as an attractive place to park cash, but that could change if the U.S. doesn’t rein in its finances.
On an average monthly basis, yields on all UST peaked for this cycle last October, save for 1Y which peaked last September.
What, me worry?
Wednesday, June 29, 2022
Sunday, August 1, 2021
Sunday, July 11, 2021
In 2020 global debt to global GDP soared to 356%
Global debt finished 4Q at $281 trillion: 3.56x = $281 trillion, so x = $78.93 trillion global GDP.
US GDP in 2020 was $20.9 trillion, TCMDO was $83.49 trillion (almost 400%).
What could go wrong, right? You are fully invested in stonks, amirite?!