As of last Friday, US treasuries looked extremely popular to me, and I bet they’ll be even more popular on Monday.
If someone is dumping treasuries wholesale, interest rates would have to go up.
Now, ChiComs might not be buying U.S. treasuries, but they ain't dumping.
If Uncle Sam had a problem unloading new debt (AEP, "Asian, Mid East and European investors stood aside at last week's auction of 10-year US Treasury notes."), interest rates would have to go up.
Everything I see at Bloomberg is down http://www.bloomberg.com/markets/rates/index.html
I think smart money is taking profits in euros and pounds and sending it to safety (U.S.A.).
yitbos