Preparations to throw Canadian depositors under the Cyprus bus were buried in the 2013 federal budget, but have now been exposed all over the blogosphere, including with Mish. Likely there aren’t too many countries left where these preparations haven’t been put in place.
Doom regrets the slow response on the site. We’re trying to resolve the issue. Hopefully we will be able to get the charts up soon too.
The Fed’s own MBS holdings sagged by $14.545 billion and treasuries slipped by nearly $10B, in sharp contrast to recent experience.
This week Doom derived the NY Fed data set from a date-limited session with the Data Download Program:
Treasures from Feb ’00 chart
Treasuries BAR GRAPH
Treasuries dropped yet again, but this time by a semi-notable $9.432 billion, retreating close to the number from four weeks ago.
Agencies BAR GRAPH
Agencies swung to a modest $1.251 billion loss, moderated by others gaining $0.540 billion.
Weekly Treasury Debt and Agency Debt chart here
The net of US obligations thudded down $10.143 billion.
Twist’s ratio graphs were flat.
Graph “Ratio GSE to Treasury” (last 52 weeks) goes here
Graph “Ratio GSE to Treasury” (from 2000) goes here
The Setser agency numbers converged again, with a sharp drop on the treasuries side combining with a slight rise in the agencies number.
New Graph 52-week changes here.
Graph 52-week changes here.
Notes and References
: “Foreign central banks’ US debt holdings fall – Fed”, Reuters, March 28, 2013.