Who is Holding the U.S. Bonds?

These days, we hear much talk about how low the interest rates are on U.S. government bonds (TLT, DTYL). Many say that this is because the Federal Reserve is printing money to buy up its own bonds. But actually, it's the foreigners that are buying up all the treasury debt.

In this analysis I will go through the most recent facts about U.S. government bonds and we will see that one of the most important charts to follow is this one. It will tell you the exact time when to sell U.S. government bonds.

Chart 1: Debt held by Foreigners