It’s not China, but Japan, that is selling U.S. Treasuries
“China’s holdings of U.S. Treasuries grew for a second month in March to $1.188 trillion, its highest level since October, even as overall foreign purchases of Treasuries fell, data from the Treasury Department showed on Tuesday.”
MK note: It’s not China, but Japan, that is selling U.S. Treasuries. This Reuters report paints an interesting picture of recent international capital flows. Foreign investors, as the headline indicates, are dumping stocks.
Here’s the link to the Treasury Department’s full table on foreign holders of U.S. debt.