Foreign Institutions Net Sellers of Fannie Mae Debt

Reuters reports:

Foreign central banks were net buyers of U.S. Treasuries last week, Federal Reserve data showed on Thursday.

The Fed said its holdings of Treasury and agency debt kept for overseas central banks jumped $6.49 billion in the week ended July 18, to stand at a record total of $2.00 trillion.

The breakdown of custody holdings showed overseas central banks bought $6.82 billion in Treasury debt to stand at $1.26 trillion.

The foreign institutions, however, sold securities from government-sponsored agencies like Fannie Mae (FNM.N: Quote, Profile , Research) and Freddie Mac (FRE.N: Quote, Profile , Research), reducing $324 million from their holdings, to stand at a total $744.67 billion.

A sign of the times.