August 19, 2018

Japan & China slashing US sovereign debt is Washington's worst nightmare

Latest figures from the US Treasury Department show that Russia and Turkey are not the only countries to dump US debt bonds. Washington’s second-biggest creditor, Japan, is doing the same.

Tokyo dumped $82.9 billion, or seven percent of its US Treasuries holdings, over the twelve months ending in June - the latest month for which data is available. Read more.


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