Foreigners Want Less U.S. Bonds ...

More news in the "why Treasury yields will rise" department. According to Washington, net purchases of stocks, notes and bonds purchased by foreigners dropped to $11.2 billion in April from $55.4 billion in March.

Dude, that's an 80% drop!

Do you think foreigners might be worried about the dollar ... the pathetic interest rates they're receiving ... and a host of other systemic problems we have?

I sure do ...