China, Japan Reduce Their Holdings of US Treasuries in April
Arslan Butt•Tuesday, June 18, 2019•1 min read
According to the US Treasury Department, China’s holdings of US Treasury bonds and notes fell to the lowest level since May 2017 during April this year. This data hints at possible further straining of trade ties between US and China.
In April, China’s holding of US government bonds touched $1.113 trillion, declining for the second consecutive month from $1.20 trillion in March. During the same period, Japan also reduced its holdings of US Treasuries in April to $1.064 trillion from $.1078 trillion in the previous month.
Despite the decline in figures, China continues to remain the largest non-US holder of US Treasuries, with Japan following as the second-largest holder worldwide.
Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
Related Articles
Comments
0
0
votes
Article Rating
Subscribe
Login
Please login to comment
0 Comments
Oldest
Newest
Most Voted
Inline Feedbacks
View all comments
Sidebar rates
Add 3442
Related Posts
XM
Best Forex Brokers

U have been succesfuly subscribed!