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CN Chops USD41B of US Treasuries in Mar; Holdings Hit Lowest Since 2008
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Foreign holdings of US Treasuries shrank by USD138.4 billion MoM in March, in wake of a sell-off in short-term Treasury bills, which recorded net sales of USD16.6 billion, while long-term Treasuries increased by USD13.5 billion over the same period, the US Department of the Treasury announced. Japan remained the largest overseas holder of US Treasuries, downsizing its holdings by USD47.7 billion in March to USD1.19 trillion. The UK, the second-largest holder, added its holdings by USD29.7 billion to USD926.9 billion. China, the third-largest holder, cut its holdings by about USD41 billion in March to USD652.3 billion, the lowest level since 2008. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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