NY Fed's Nordstrom: Foreigners bolstering treasury holdings adjusted for market valuations

<p>New York Fed Nordstrom (Head of domestic and international markets) says</p><ul><li>Foreigners bolstering treasury holdings adjusted for market valuations</li><li>Lower foreign official treasury holdings due to idiosyncratic reasons.</li><li>It is clear investors evaluate safety and the liquidity of treasury securities.</li><li>Foreign repo facility is effective liquidity backstop.</li></ul><p>Nordstrom's seems to believe that foreign demand is not a risk</p>

This article was written by Greg Michalowski at www.forexlive.com.