UPDATE: Oops! of course the title should have read "… to November 11, 2009". I hate it when that happens
Suddenly here’s another week where there’s just about no movement in foreign central bank holdings. The Fed’s own MBS holdings ticked up $1.179 billion, and the cenbanks’ total went down just a tad more than that. There’s a lot of volatility in the Treasury Debt weekly figure that’s coming out of somewhere, but I have no idea from where. This week’s Reuters report1 was, as usual, based on the weekly update from the NY Fed’s H.4.1 table site.2 Here is Doom’s updated CSV version3 of the agencies and treasuries foreign central bank holdings data set.

The treasuries buy collapsed again to a mild $1.748 billion selloff.

The agencies number increased $0.509 billion. There have been several sub billion dollar moves lately.

The net change of US obligations was actually a slight dip of $1.239 billion, but it’s going to take more than one week of negative growth before that treasuries bottle-rocket would begin to show a course change.
Needless to say, twist’s ratios graphs were flat (mild uptick).
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The Setser 52-week chart converged in both lines (big treasuries buy vs agencies dump a year ago).

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Notes and References
[1]: "Foreign Cenbanks U.S. Debt Holdings Slip in Week – Fed", by Ellen Freilich, Reuters / ABC News, November 12, 2009.
[2]: "H.4.1 Factors Affecting Reserve Balances", Federal Reserve Statistical Release (weekly), Federal Reserve Bank of New York.
[3]: The updated data set as a Comma Separated Value (CSV) file is here.







