Reported 2 days ago
In the third quarter leading up to the presidential election, Japan and China, two of the largest foreign holders of US government debt, sold significant amounts of US Treasuries, with Japan offloading a record $61.9 billion and China $51.3 billion. These sales were influenced by rising concerns about President-elect Donald Trump's economic policies, which are expected to spur inflation, leading to increased yields on US Treasuries. The trend reflects a cautious sentiment among investors in both nations amidst geopolitical risks and the uncertain economic environment.
Source: YAHOO