To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. Russia, Japan, and the Fed dumped. Thus, China’s holdings have remained within the same sp20 bitcoin stock since August 2017, despite threats of a trade war and rumors that it would dump US Treasuries.
The US gross national debt has soared. The holdings of China and Japan have fallen over the past two years. US gross national debt fell from 6. Russia is a rather insignificant holder of US Treasuries. 7 billion in one fell swoop, which put it into 22nd place behind the UAE and Thailand. The good thing is that Russia doesn’t have that many Treasuries left to sell, unlike China or Japan.
It China and Japan started to pull a Russia, the scenario would be different. 17 trillion, smack-dab in the middle of the range of the past year. 86 billion in Treasuries in April. So who holds the rest of the US gross national debt? 22 trillion from a year earlier! 22 trillion of new US Treasuries? 78 trillion by Americans, directly or indirectly.
22 trillion in new debt over the past 12 months? 70 billion from the beginning of the QE-Unwind through April. 01 trillion that someone else must have bought over those 12 months. Mostly American institutional and individual investors, directly and indirectly, through bond funds, pension funds, and other ways. Wells Fargo used to be the largest mortgage lender in the US until fairly recently. Third largest mortgage lender was JP Morgan Chase. Fifth largest was also a shadow bank, United Wholesale Mortgage.
Sixth largest was Bank of America. Seventh largest was a shadow bank, Caliber Home Loans. Eighth largest was also a shadow bank, Fairway Independent Mortgage. Ninth largest was, you guessed it, a shadow bank, Guaranteed Rate.