You are here
China's holdings of U.S. Treasuries fall to lowest since May 2017
By Andrew Mayeda and Katherine Greifeld
Bloomberg News
Monday, December 17, 2018
China's holdings of U.S. Treasuries fell to the lowest in a year and a half, as its foreign currency reserves declined and the yuan weakened near a key symbolic level.
China's holdings of notes, bills, and bonds dropped for a fifth straight month to $1.14 trillion in October, from $1.15 trillion in September, according to data from the Treasury Department released on Monday. That's the lowest level since May 2017. China remains the biggest foreign creditor, followed by Japan, whose holdings slipped by $9.5 billion to $1.02 trillion. ...
... For the remainder of the report:
https://www.bloomberg.com/news/articles/2018-12-17/china-s-u-s-treasurie...
USAGold: Coins and bullion since 1973
USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.
Please call 1-800-869-5115x100 and ask for the trading desk, or visit:
USAGold: Great prices, quick delivery -- all the time.
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:
To contribute to GATA, please visit:
