Who wants to buy US Treasuries?
Federal Reserve’s journey to tapering will be paved with volatility and weaker demand
In the US Treasury market, it’s not quite business as usual any more. The world’s most important debt market is witnessing instability, as buyers periodically fail to show up. This has led some traders at primary dealers to question whether the overall structural demand is enough to meet the avalanche of supply.
The amount of debt being issued by the US Department of the Treasury has increased by
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