Big Auction Open: Who's Buying US Debt?

Big Auction Open: Who's Buying US Debt? In America, a new unpleasant record: the US national debt for the first time exceeded $31 trillion. The Fed refuses to buy it, and the interest of foreign investors in such an unreliable commodity is declining. There is no doubt that eventually Treasurys will be bought and sold through margin players, but at what price?Whether the buyers are commercial banks, asset managers, or ordinary housewives, government-backed Treasury securities are always bought in large quantities.The US fixed-yield bond market has traditionally been considered strong, but now the lack of large buyers is becoming a major problem for the Fed. An active loss of current liquidity can cause a rapid crisis, and the monetary regulator is absolutely not ready for interventions. The Fed is aggressively raising interest rates in an attempt to contain runaway inflation and is also shrinking its balance sheet, all with the intention of tightening financial conditions. So far, such monetary efforts have been ineffective.Even if foreign capital from Japan and China has been reducing their investments in US government bonds since 2014, what should ordinary citizens do?The price drop is boosting Treasury yields and is currently hovering around the 4% zone, with the next realistic target of 5%. Of course, the growth of rates on new issues can cause a critical deficit in the federal budget, but so far these assets remain a reliable hedging tool. And it's a great place to ride out the storm. So buy and hold Treasuries until the next signal of the coming crisis.Profits to yall!