Russia Dumps 20% Of Its Treasury Holdings As Mystery "Belgium" Buyer Adds Another Whopping $40 Billion

This is speculation, but with the Fed tapering QE to keep the inflationistas at bay, it is now masking its purchasing of US Treasuries by using Belgium as its purchasing agent.  Without this artificial demand, the US Treasury bond market would collapse, interest rates would soar, and the insolvent US Treasury would be bankrupt overnight.

Think about it:  would you lend money at 2-3% bond yields and tying up your money for 10 - 30 years knowing the borrower's income is $17 trillion, with official debt of $17 trillion, and off-balance, unfunded debt obligations greater than $222 trillion?

Wake up, America.

http://www.zerohedge.com/news/2014-05-15/russia-dumps-20-its-treasury-holdings-mystery-belgium-buyer-adds-another-whopping-40