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China has cut its holdings of US debt to the lowest level in two years amid trade tensions

From cnbc.com

As trade tensions with the U.S. intensified, China sold off its Treasury holdings at the fastest pace in about two years during March. The largest foreign owner of U.S. debt reduced the level by just shy of $20.5 billion, a slight decrease that brought the total holdings down to $1.12 trillion. But the move represents a continued pattern of declines that comes as the two sides have been unable to hammer out a long-term trade agreement and instead have been engaging in a tit-for-tat tariff fight that has escalated in recent days. In the 12-month period ended in March, the latest month for which data is available, ... (full story)

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  • Category: Fundamental Analysis