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China's holdings of U.S. Treasuries rise to a 5-month high
By Brendan Murray
Bloomberg News
Tuesday, May 15, 2018
China's holdings of Treasuries rose to a five-month high in March, underscoring the allure of U.S. government debt even amid trade tensions between the world's two largest economies.
China's holdings of U.S. bonds, bills and notes increased by $11 billion to $1.19 trillion in March, according to Treasury Department data released in Washington today. China remained the largest foreign creditor to the U.S., followed by Japan, whose holdings dropped by $16 billion to $1.04 trillion, the lowest level since October 2011. ...
Speculation is growing about whether China could use its vast Treasury holdings as a bargaining chip in a trade dispute with the United States. A Chinese delegation is in Washington this week to try to work out the differences, which U.S. Commerce Secretary Wilbur Ross on Monday described as "wide." The negotiations are easing worries over a trade war. ...
... For the remainder of the report:
https://www.bloomberg.com/news/articles/2018-05-15/china-s-holdings-of-u...
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