tag:blogger.com,1999:blog-11027528911364475.post8895252901973796226..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: More on that Treasury Blood BathJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-11027528911364475.post-78745352795764565112012-04-27T09:05:29.124-07:002012-04-27T09:05:29.124-07:00Europe's holdings of Treasuries isn't all ...Europe's holdings of Treasuries isn't all that massive: http://tinyurl.com/5u2j86q<br /><br />My personal opinion is that European central bank selling would be smaller than a firm such as PIMCO's buying in that type of situation. $100 billion of buying is less than 10% of their assets and my understanding is they have a massive underweight they would need to cover.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-14612189745964634942012-04-27T07:57:36.767-07:002012-04-27T07:57:36.767-07:00Right, I agree. I would tend to believe that centr...Right, I agree. I would tend to believe that central banks in Europe would have to take coordinated action and would have a large and immediate impact.Nicknoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-70731493355220150022012-04-27T07:49:54.492-07:002012-04-27T07:49:54.492-07:00Only if that reaction is larger than the piling in...Only if that reaction is larger than the piling in by everyone else (including the Fed).Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-86286915012087364722012-04-27T06:12:54.170-07:002012-04-27T06:12:54.170-07:00So when Spain needs a bailout (as many fear)and th...So when Spain needs a bailout (as many fear)and the ECB needs to generate dollars to buy SDR's from the IMF, would you expect there to be a disruption in the treasury market? If the pundits are right about Spain needing several hundred billion then wouldn't we expect the dollar and treasury's to weaken as central banks liquidate holdings?Nicknoreply@blogger.com