This week the Fed’s own MBS figure nudged up by just $0.107 billion while the foreign central bankers settled for small moves up. Looks like everyone’s just dangling their toes over the fiscal cliff and enjoying some hot mulled wine. ‘Tis the season 🙂
This week Doom derived the NY Fed data set from a date-limited session with the Data Download Program:
Treasuries gained again, but by only $1.458 billion.
Agencies barely swung to a positive result of $0.657 billion.
The net of US obligations including a small change in the “other” category drifted up by $2.013 billion.
Twist’s ratio graphs were pretty well flat.
The Setser numbers both saw modest gains.
Notes and References
“Foreign central banks’ US debt holdings rise – Fed”, Reuters, December 6, 2012.