China Dumps $101,900,000,000 in US Treasuries in 12 Months As Fed Governor Dismisses ‘Imminent Demise’ of US Dollar

New numbers show China has sold $101.9 billion in US Treasury securities over the past 12 months. The Treasury Department says China cut its holdings from $869.3 billion in March of last year to $767.4 billion in March of this year. China’s holdings have steadily dropped from an all-time high of $1.31 trillion, which was […] source: https://dailyhodl.com/2024/06/01/china-dumps-101900000000-in-us-treasuries-in-12-months-as-fed-governor-dismisses-imminent-demise-of-us-dollar/