Foreign willingness to buy US treasuries has fallen in relative terms — from about 50% of treasuries sold to the global market around 2010 to roughly a third now — and combined with an investment boom and low US saving, this makes financing the deficit expensive, with average treasury yields having risen sharply.
factualpending
Speaker
Maurice ObstfeldEvidence Quote
“foreign uh willingness to buy treasuries is much lower um in relative terms than it was say in 2010.”
Created: 6/18/2026, 1:57:48 PM
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