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Russia Sells 80% of Its US Treasuries (goldseek.com)
40 points by gdsdfe on July 30, 2018 | hide | past | favorite | 14 comments


"Russia dumps over $90 billion of Treasuries (80% of Russian held US Treasuries) in April and May as holdings collapse from near $100 billion to just $9 billion"

out of 11,000 billion issued (https://en.wikipedia.org/wiki/National_debt_of_the_United_St...)

Boohoo, 1% - this is purely symbolic in terms of economic impact on the US.


The question is : do they know something?


Not necessarily - China and Russia are both trying to get off the dollar as the international currency, thus the gold accumulation and potential future announcements of dollars being "fake money."


The plan is obvious, but the real question is: can they succeed? Russian economic power is negligible but if China stops accepting payments in USD for all the stuff they export then that could do a lot of damage.


China also still relies on the US and its allies as a market - I don't think that aspect of it is overplayed, though it's been a while since I looked up actual numbers. And yes, Russia is a non-factor in all this. They would be irrelevant if it wasn't for nukes. Can't believe they are surrendering their space launch monopoly so easily.


Having never heard of goldseek.com, and there being no links (I could perceive) to any authoritative source:

1. Is this actually true? 2. Why should this actually matter?

Aren't reserve banks (or central banks) supposed to hold a basket of currencies and commodities anyway?


Most likely, Russian state is simply running out of cash.

This is the most simple rational explanation that is most likely to be true


Looking historically, there were periods where interest rates remained low for a long period of time. How long can we afford to hold up bonds going forward? Such a question has been asked by the zero hedge and other pessimist crowd for at least the past 15 years of this bull market in bonds.

At a basic game strategy level, you might assume that Russia either has good info or has been deceived. Thus one could bet that we are at an inflection point with bonds, with a move away in either direction. A look at the long term 30 year interest rate chart we are at long term downtrend. So a trader may use a simple strategy, by playing direction or volatility away from that downtrend line.


Here’s the CNN article on the subject: http://lite.cnn.com/en/article/h_72087daf9f37f88c688f2fd36fc...

Thanks to the text-only CNN story that was linked a few stories down!



This is not a credible news source.


Not sure about how it works, but if they sold that much US Debt, who bought it?


Cash-crunch in Russia?

Avoiding asset freeze?


Putin settings aside some cash for his future retirement?




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