Foreign buying of Treasury securities
Treasury-Reported International Capital Data Illuminate Two Paradoxes
August 16, 2010
According to the release of Treasury Department TIC flow data, Chinese holdings of Treasury securities fell by 24.0 billion in June and were $51.5 billion lower at midyear than at the end of April. This news comes after a night of stories out of Asia that Chinese officials are discretely diversifying the country’s reserve portfolio […] More