US government debt market is estimated at $ 13.3 trillion. According to the Bloomberg report, many traders currently can not sell Treasuries - Materials AMarkets.
22 primary dealers participating in the federal US debt auctions in February were on hand as long as it was not in one of the periods in 2015 and 2014. The jump in the volumes on hand dealers indicates that investors (including central banks) are trying to sell a large amount of Treasuries. In December and January, foreign companies sold Treasuries by $ 105 billion - an unprecedented magnitude. The main reason why the market wants to buy Treasuries sold now - everyone is waiting for more falling prices for bonds. The volume of Treasuries in the hands of primary dealers reached a level of $ 121 billion last month - the highest since October 2013. For comparison - in July last year, the same indicator amounted to $ 9 billion According to March 9, the volume of Treasury debt on the dealer invoice of $ 111 billion -. It is almost twice higher than the average, which took place over the past 5 years (data from the New York Federal Reserve Bank).