10.0 5.0 0.0 -5.0 -10.0 "41' b to St% Sb 4' 4' es, 44, oc- t o ge: « wo• # c, (e• +2. ‘bib S') ‘‘) Primary dealer inventory <2 y Solna Palest Maws end Dann I Bolt Did dealer positions tell much about intervention flows in the past? The concentration of foreign official holdings of Treasuries