If you examine that TIC data, you now have an excuse as to why the US gov’t/FED need a war.
Call me a conspiracy theorist, I do not care. The FED was trapped and as they exited TIC started to go negative. That means the US CANNOT fund its deficits.
Oh but what a safe have Treasuries are in a war.
Odd isn’t it that just after gold is attacked, news is released about the Russian convoy.