China Cuts US Treasury Holdings to 18-Year Low Amid Global Bond Sell-Off
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7 Articles
(Seoul = Yonhap News) Reporter Joo Jong-guk = China's holdings of U.S. Treasury bonds hit their lowest level since August 2008.
China cuts US Treasury holdings to 18-year low amid global bond sell-off
According to a report from the South China Morning Post, China reduced its holdings of U.S. Treasuries to an 18-year low in July, as foreign investors pulled back from American government debt for a second straight month. The sell-off unfolded against what the newspaper described as “persistent concerns over sustainability of Washington’s finances.” Data released […]
Beijing has begun investing its foreign exchange surplus in gold, US securities and stocks as US debt levels have become unsustainable, The Cradle reports. China’s holdings of US Treasuries fell to an 18-year low in July, as foreign investors overall reduced their exposure to US government debt amid …
Country position declined to US$ 618 billion in the month, about half of the peak target recorded in November 2013, when it held more than US$ 1.3 trillion in papers
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