Briefing
The Flood
13 pages · 8 September 2026 · Felix Prehn
The US Treasury doubled its buyback of long-dated debt and scheduled the operation to run through 4 November, funded with newly created money. Over the same weeks Japan, for decades the most reliable foreign buyer of American government bonds, turned net seller, and physical gold left the country at a record pace. The briefing sets out the two movements and what they mean for the holder of cash savings.
The briefing opens in the browser as a web page. The Institute asks for no registration.
The briefing is educational and is not financial, investment or tax advice.
