US Long Bond Faces Buyer Exodus Amidst Big Treasury Bets and Buffett's Safe Haven Shift
Investors and major firms like DoubleLine and Pimco are avoiding or underweighting the long-term 30-year US Treasuries due to concerns over rising debt, fiscal deficits, and changing demand, leading to a buyers' strike and speculation about reduced auctions, while the Treasury maintains steady issuance plans amidst market uncertainties.