Till debt do us part: Russia and China continue dumping US Treasuries | WHAT REALLY HAPPENED


Till debt do us part: Russia and China continue dumping US Treasuries

The latest US Treasury Department data shows that foreign investors slashed their holdings of American debt in November by $105 billion, from a year earlier, to $6.2 trillion.

China, the largest foreign holder of US debt, slashed its holdings for a sixth straight month in November. Beijing had $1.12 trillion in US Treasuries, down from $1.138 trillion in October. The decline brought China’s Treasury holdings to the lowest level since May 2017, the data showed.

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