Russia sells half of its US bond holdings.
Japan continues to sell off US bonds.
Could Russia be sensing the peak of the US dollar and cashing in??
Russia dumps half of its US Treasury bonds
Published time: 16 Jun, 2018 03:35
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US Treasury Department in Washington DC © Alexey Agarishev / Sputnik
Russia has held a major selloff of US Treasury bonds, dumping some $47bn-worth of papers and momentarily dropping six places on a list of major foreign holders of US securities, recently released statistics for April have shown.
In just one month, Russia proceeded to sell $47.4 billion out of the $96.1 billion the country had in US treasury bonds in March. The latest statistics released by the US Treasury Department on Friday showed that, in April, Russia had only $48.7bn in American assets, occupying 22nd place on the list of “major foreign holders of Treasury securities.”
https://www.rt.com/business/429931-russia-sells-us-treasuries/
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