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Trading news
19 Feb 2020
China dumps US Treasuries for the sixth straight month in December
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