China dumps US Treasuries for the sixth straight month in December

Dhwani Mehta FXStreet

According to the US Treasury Department report released Tuesday, China’s total shrank $54.4 billion on the year to $1.07 trillion.

China sold around $19.3bn of US Treasuries in December. Its holdings dropped in December for a sixth straight month to the smallest amount since early 2017.

Meanwhile, foreign inflows into US Treasuries in 2019 hit largest in 7 years

Global yields and money flows into the US dollar in focus

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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