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  1. HEY WHAT…..When they talk about “all the hand wringing” they mean YOU….

    Treasuries, Dollar ‘Only Game in Town’ as China Buys

    une 1 (Bloomberg) — For all the hand-wringing over the
    dollar’s slide, the expanding U.S. deficit and the nation’s AAA credit rating, the bond market shows international demand for American financial assets is as high as ever.
    The Federal Reserve’s holdings of Treasuries on behalf of central banks and institutions from China to Norway rose by $68.8 billion, or 3.3 percent, in May, the third most on record, data compiled by Bloomberg show. The Treasury said bidding from foreigners was above average at its $101 billion of note auctions last week.

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