The world’s second-largest economy is steadily unloading billions of dollars in US Treasuries. New data from the US Treasury Department shows China pared its Treasury holdings from $816.3 billion in December of last year to $767.4 billion in March. That’s a quarterly decrease of $48.90 billion. The chief Asia foreign-exchange and rates strategist at Bloomberg Intelligence, […]
The post China Sells $48,900,000,000 in US Treasuries in One Quarter, Analyst Says ‘Clear Intention’ To Dump US Dollar Holdings on Display appeared first on The Daily Hodl.
