Treasurys not looking so boring anymore

August 18, 2009

Government securities are not the most exciting investment choices in the best of times, but it looks like U.S. Treasurys are coming into their own, which is good news for the federal government and its financing costs.

Though it may feel like Wall Street has returned to business as usual, it looks like banks, like U.S. households, are building up their Treasury piles now that they’ve had their fill of more exotic investments.

The Wall Street Journal’s Andrew Baston has the figures here on how U.S. buyers now rival China when it comes to their importance in financing the U.S. deficit. RBS adds banks to the mix and has a nice good chart to illustrate it.

Check them out them out here.

Here’s the chart on household holdings.

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