Foreign Central Banks Selling U.S. Treasuries

Bernanke better get ready to use that magic Bid button.

Via: Reuters:

Foreign central banks’ overall holdings of U.S. marketable securities at the Federal Reserve fell in the latest week, data from the U.S. central bank showed on Thursday.
The Fed said its holdings of U.S. securities kept for overseas central banks fell $29 billion in the week ended June 26, to stand at $3.3 trillion.
The breakdown of custody holdings showed overseas central banks’ holdings of Treasury debt fell by $32.4 billion to stand at $3.0 trillion.

BTFD in metals, and as always a Buffet plate of everything is a must.