[Salon] There’s definitely a lack of demand for treasuries.

Subject: [Salon] There’s definitely a lack of demand for treasuries.

From: Chas Freeman <cwfresidence@gmail.com>

Date: Tue, 24 Mar 2026 19:22:13 -0400

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https://x.com/StealthQE4/status/2036494213261533263

Primary dealers had to take over 24% of the paper of this auction vs the 11% average of the last 10.

This is the highest number since October of 2022 when inflation was raging.

There’s definitely a lack of demand for treasuries.

Ominous.

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