# Foreign U.S. Treasury Holders. January 2019

# Overview

• Norway's growing long-term treasury position makes sense in light of reduced exposure to the oil and gas exploration sector.
• Turkey's long-term holdings are -93.6% y-o-y. Is the currency crisis the only explanation or the country is following the precedent set by Russia?
• Brazil has been rapidly growing its holdings (+14.8% y-o-y). Is the policy set to continue under the new president?

# Graphics

• Top-N countries by U.S. debt holdings, December 2018.

• Roller-coaster by Turkey.

# Dataset

• TIC Data.

# Keywords

offset, delta, merge-columns, csv

# Syntax Features

• merge-columns setting to merge multiple series into one row.

# merge base and offset series into a single row, one per country
merge-columns = a.tags.country == b.tags.country

• time-offset setting to load series with a time lag.

[series]
  # load series with 1 month lag
  time-offset = 1 month  

• csv setting to create a list of objects with the same properties for iteration.

csv offsets = alias,offset,label
      now,0 month,Now
      m1,1 month,1 month ago
      y1,1 year,1 year ago
      y3,3 year,3 years ago
      y5,5 year,5 years ago
endcsv