China Cuts US Treasury Holdings to 18-Year Low Amid Global Bond Sell-Off
8 Articles
8 Articles
China, Other Nations Shy Away From US Investments
China has bought its US Treasury stash to a level not seen since the financial-crisis era. New data show Beijing's holdings of US government debt slide to about $618 trillion in July, the lowest since 2008, as China and other foreign governments step back from investing in the US, reports...
(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 …
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