Foreign Banking Institutions Are Dumping U.S. Government Securities

(Click on Image to Enlarge)

CNN: U.S. debt dump deepens in 2016

Central banks are dumping America's debt at a record pace.

China, Russia and Brazil sold off U.S. Treasury bonds as they tried to soften the blow of the global economic slowdown. They each sold off at least $1 billion in U.S. Treasury bonds in March.

In all, central banks sold a net $17 billion. Sales had hit a record $57 billion in January.

So far this year, the global bank debt dump has reached $123 billion.

It's the fastest pace for a U.S. debt selloff by global central banks since at least 1978, according to Treasury Department data published Monday afternoon.

Read more ....

WNU Editor: More warning signs that the global economy is heading into rougher times.