TIC data...

...indicates the world still has a healthy appetite for Treasuries. This on the heels of a very public announcement by the Newport Beach bond man that he has jettisoned his entire inventory of treasuries (now, for the purposes of this discussion, we will not comment on whether or not this is true in a strict sense in light of total derivative exposure and the Newport Beach man's penchant for selling option premium).

This is to be expected. What other currency in the world offers as much safety (from an institutional sense), inflation risk be damned? Which other jurisdiction is most probable to return SOME form of capital to you should Risk across the globe increase?