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Russia Dumps Half of Its US Treasury Bonds

  • Russia Dumps Half of Its US Treasury Bonds
    by https://www.rt.com/
    Russia has held a major selloff of US Treasury bonds, dumping some $47bn-worth of papers and momentarily dropping six places on a list of major foreign holders of US securities, recently released statistics for April have shown.

    In just one month, Russia proceeded to sell $47.4 billion out of the $96.1 billion the country had in US treasury bonds in March. The latest statistics released by the US Treasury Department on Friday showed that, in April, Russia had only $48.7bn in American assets, occupying 22nd place on the list of “major foreign holders of Treasury securities.”

    China, which holds the most US Treasury bonds, also sold off some seven billion-worth of its American assets, from March to April, and now has $1.18 trillion invested in securities. Japan, which is positioned second on the list, in the same timeframe sold off some $12 billion, leaving just over a trillion dollars in US coffers. Ireland, which had $300.4 billion in April also managed to ditch over $17 billion in US assets.

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June 16, 2018 - Posted by | Economics | , , ,

3 Comments

  1. Reblogged this on The Most Revolutionary Act and commented:
    Russia responds to tightening sanctions by selling off Treasury bonds that finance skyrocketing US debt.

    Comment by stuartbramhall | June 17, 2018

  2. Reblogged this on AGR Daily 60 Second News Bites.

    Comment by A Green Road Daily News | June 17, 2018

  3. Reblogged this on New Jerusalem AI.

    Comment by marberge | June 17, 2018


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