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Russia sells half its U.S. Treasuries
From Russia Today, Moscow
Saturday, June 16, 2018
Russia has held a major selloff of U.S. Treasury bonds, dumping some $47 billion worth of papers and momentarily dropping six places on a list of major foreign holders of U.S. 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 U.S. Treasury bonds in March. The latest statistics released by the U.S. Treasury Department on Friday showed that, in April, Russia had only $48.7 billion in American assets, occupying 22nd place on the list of "major foreign holders of Treasury securities."
... Dispatch continues below ...
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China, which holds the most U.S. Treasury bonds, also sold off some $7 billion worth of its American assets, from March to April, and now has $1.18 trillion invested in securities.
Japan, which is positioned second on the list, in the same timeframe sold off some $12 billion, leaving just over a trillion dollars in U.S. bonds.
Ireland, which had $300.4 billion in April also managed to ditch over $17 billion in U.S. assets. ...
... For the remainder of the report:
https://www.rt.com/business/429931-russia-sells-us-treasuries/
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