China US Treasuries

Foreign buyers of U.S. government debt are drying up as investors look for higher yields. Data from the Treasury Department showed that foreign buyers, including central banks, financial institutions and private investors, were net sellers to the tune of $1.7 billion in September. The first time...

China's central government has been selling off its U.S. Treasury holdings since 2014 and using the proceeds to support its currency, the yuan, and stem capital outflows. According to a report by Bloomberg, China has sold off roughly one quarter of one million dollars' worth of U.S. government debt...