China Trims US Treasury Bonds, Continuing a Downward Spiral Amid Growing Risks of Greenback Assets
China slightly trimmed its holding of US Treasury bonds for the second straight month in July, continuing a downward spiral amid growing risks of greenback assets. China cut its US Treasury bond holdings by $1 billion in July to $1.07 trillion, US Treasury Department data showed Wednesday. As of July, China remained the second-largest foreign … Read more