Russia again dumps U.S. Treasuries amid sanctions

Section:

Foreigners Buy U.S. Treasuries in May; Russia Drops Out of List, Data Shows

By Gertrude Chavez-Dreyfuss and Richard Leong
Reuters
Tuesday, July 17, 2018

NEW YORK -- Foreigners bought U.S. Treasuries in May, led by private investors, data from the Treasury Department showed on Tuesday, in a safety bid amid geopolitical tensions linked to trade and Italy-related turmoil.

What was also striking from the data was Russia's exclusion from the list of Treasury holders in May, analysts said. Data showed that Russia's holdings already had a massive drop to $48.7 billion in April from $96.1 billion in March. ...

... Dispatch continues below ...



ADVERTISEMENT

Fisher Precious Metals is preparing and equipping
clients for the upcoming 'Everything Bubble'

Fisher Precious Metals, voted North America's bullion dealer of the year for 2018 and known for personal service and great pricing, has been helping Americans and Canadians protect their wealth with precious metals for more than a decade. Enjoying a five-star client rating across the internet with no complaints at the Better Business Bureau, the team at Fisher Precious Metals works hard to serve you.

We have helped thousands of clients in buying and selling bullion, arranging segregated and offshore storage, establishing precious metals IRAs, and obtaining certified precious metals appraisals. We provide security to our clients with our Bullion Authenticity Guarantee. We recommend that you read our article "How to Avoid Bullion Counterfeits":

https://fisherpreciousmetals.com/precious-metals/bullion-authentication/

As a family-owned business, we strive to help you assess your wealth-protection goals and overall investment objectives. From the new precious metals buyer to the seasoned bullion investor, we are here to help you with a no-pressure, confidential consultation. Rest assured that everyone in our firm owns physical precious metals and no one is compensated via commission -- period.

Fisher Precious Metals is your full-service precious metals investment partner for life. Please call us at 1-800-390-8576 or visit us here:

https://fisherpreciousmetals.com



The biggest mystery, analysts said, was Russia's exclusion from the list of Treasury holders in May after a 50 percent reduction in its holdings in April.

Analysts said Treasury selling could be related to sanctions imposed by the United States on Russia in April, as the latter focused on increasing purchases of gold instead. ...

... For the remainder of the report:

https://www.reuters.com/article/usa-treasury-securities/update-1-foreign...

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
https://neworleansconference.com/

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16