Foreign ownership of U.S. Treasuries hit a record $9.16 trillion in July, rising for a third straight month on strong purchases from Japan and the UK. Japan’s holdings climbed to $1.15 trillion, while UK holdings neared $900 billion.
In contrast, China cut its exposure to $731 billion, the lowest since 2008, as it seeks to diversify away from the dollar and support the yuan.
Via data from the US Treasury Department released late Thursday.
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Chinese President Xi Jinping has agreed to speak with Trump, call scheduled Friday This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about china slashes us treasuries stake holdings sink to lowest since 2008 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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