by Wolf Richter, Wolf Street:
Foreign investors had a big appetite all year for Treasury securities. But China lost interest, Japan struggled with the yen.
The question on our worry-list is how long foreign investors will continue to support the recklessly ballooning US Treasury debt, that has soared to $35.8 trillion, from $35.0 trillion on July 27. If demand slacks off, yields will have to rise to create more demand, and that could get expensive.