Broad Oak Magazine

A few days ago on the Broad Oak Blog , I referred to Brad Setser's theory that China has been using the UK to make purchases of US Treas...

Reportedly, China has radically reduced its holdings of US Treasury securities; actually, the truth may be exactly the opposite - see my pos...

A couple of days ago I said that US debt default would splat the US far worse than its trading partners; of course, I missed the point. The ...

The first serious, sensible, important piece I've seen from Toby Young , and it's a corker. He reflects on the well-heeled but louch...

A propos China and monetary inflation, please see two very useful and enlightening articles by The Contrarian Investor - this explaining wh...

Karl Denninger continues to reflect on a story that hasn't had much coverage - two Japanese have been caught in Italy, attempting to smu...

Before we start, please read my disclaimer above! How do we protect our little wealth against inflation? The gold bugs still enthuse, and it...

Antal E. Fekete is a professor of money and banking in San Francisco (such a beautiful place, too). He has a pet thesis about the bond marke...

I read recently that both in the US and the UK, a significant part of the "quantitative easing" is repurchasing sovereign debt fro...

(Graph reproduced by iTulip from NowAndFutures.com) In an extended "Titanic" analogy, Eric Janszen describes what he sees as the ...

Brad Setser returns to a favourite theme, China's investment in the US. If I can summarise: 1. China buys American bonds directly, but ...

All is well: the Dow has just sailed (well, snailed) back through the 8,000 barrier. But what's this? Brad Setser doesn't know what ...

Marc Sobel: Do I understand the net of this posting to be that the US is much more vulnerable to a quick run on the debt, i.e. being mainly...

Jonathan Russell writes in the Telegraph: Spain's finances are in the dock thanks to Standard & Poor's, the spreads on Greek bon...

Brad Setser does a very interesting bit of detective work and concludes that much of the UK's holdings of US Treasury securities, are on...

The U.S. Treasury statistics issued today list 29 foreign holders of their securities. Between them, the three above account for $110.3 bil...

I was educated in the wrong things. Karl Denninger explains - in a way I struggle to understand fully - how the US government's schemes ...

Brad Setser looks at a flood of demand for US Treasuries and suspects that it's central banks shifting into the securest dollar asset th...

Brad Setser looks at data from the US Treasury International Capital System (TIC), trying to work out what's been going on in the money ...