For the First Time Since 2010 China’s Holdings of U.S. Debt Fall Below $1 Trillion
For the first time in 12 years, China’s holdings of U.S. debt have fallen below $1 trillion due to rising interest rates that may have made Treasury bonds less appealing. According to Treasury Department data released on Monday, China’s portfolio of U.S. government debt decreased to $980.8 billion in May,… Continue reading
