It's Not China That's Dumping US Treasuries...
Recent fears, warranted or not about the potential for retaliatory liquidation by China of its US Treasury holdings appear to have been exaggerated because according to the latest TIC data released, the trade-war enemy added $8.5 billion in TSYs in February (the most of any nation and the biggest monthly addition in six months)... But while China, for now - given the lagged data, is still buying, two other notable nations are selling... significantly. The second largest foreign US creditor, Japan, that has been liquidating in recent months, and in February, Japan sold $6.3 billion in TSYs (the most of any nation in February), bringing ... (full story)
- Posted: Apr 17, 2018 1:29am
- Submitted by:Category: Fundamental AnalysisComments: 1 / Views: 960