Warning shot? China sells US Treasury bonds amid trade war | WHAT REALLY HAPPENED


Warning shot? China sells US Treasury bonds amid trade war

China has sold $3 billion of sovereign dollar bonds. This is only the third such move by Beijing in the last 14 years, and the first involving bonds with a 30-year maturity.

China sold $1.5 billion of five-year bonds at 3.25 percent, $1 billion of 10-year bonds at 3.5 percent, and $500 million of 30-year bonds at four percent, the Finance Ministry said on Friday, as quoted by Reuters.

Beijing is the largest holder of US debt. As of July, China had $1.17 trillion invested in debt minted by the US Treasury.

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