China was a net seller of U.S. Treasurys for a second straight month in June, while overall inflows into long-term U.S. assets continued, the Treasury Department said Monday.
Maybe it never have dawned on the US Administrations that you should not treat your banker badly. The legislative just made a motion again to declare China a currency manipulator unmindful that the economic future of the entire West depends on China increasing their US Treasury position.
Jim
Jim,
The data continues to be reshuffled and reclassified, such as Spain no longer broken out, but the trends of the big three remain in full view. That is, China, Japan, and the United Kingdom (UK). That's right, the UK. The buying coming from the UK, which can be reflective of many interests - including backdoor buying from the US, has risen from a small buyer to the third largest holder of US Treasuries as of June 2010.
Eric
MAJOR FOREIGN HOLDERS OF U.S. TREASURY SECURITIES:
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Source: online.wsj.com
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