NEW YORK: Foreign holdings of US Treasuries in August rose to their largest level since December 2021, data from the Treasury Department showed on Wed...
Foreign holdings of US Treasuries in August rose to their largest level since December 2021, data from the Treasury Department showed on Wednesday , rising for a third straight month.
“The bigger fear is that they can step away in the coming months especially as deficits increase and that is keeping a lot of investors nervous,” he added. “It’s unclear whether this was for currency purposes because Chinese reserves have not declined, which is odd,” Goldberg said.
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