China, Japan and the UK are dumping billions of dollars in US Treasuries.

New numbers from the Treasury Department show the three nations collectively slashed their holdings by $81 billion in December.

China unloaded $9.6 billion in Treasuries, reaching its lowest holdings since 2009 at $759 billion.

Japan sold off $27.3 billion in bonds, with the nation now holding $1.0598 trillion in Treasuries, the most of any single country.

And the UK also pared back in a major way, leading the pack with $44.1 billion in Treasury sales, reaching a total holdings of $722.7 billion.

This trio’s retreat from US debt, combined with China’s aggressive gold accumulation, underscore concerns about a potential strategic shift away from US dollar assets as America faces a $2 trillion deficit and mounting borrowing costs.

The moves also come as yields on 10-year Treasuries hover near 4.5%, testing demand as the Federal Reserve continues its quantitative tightening, offloading $60 billion in Treasuries each month.

After a six-month pause, China resumed buying gold in November of last year.

And the buying continued in December, with China’s central bank adding about ten tons of gold reserves in the month for a total of 2,280 tons by year-end, according to data from the the World Gold Council.

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post China, Japan and UK Dump $81,000,000,000 in US Treasuries in Just One Month As China Pours Capital Into Gold appeared first on The Daily Hodl.

China, Japan and the UK are dumping billions of dollars in US Treasuries.

New numbers from the Treasury Department show the three nations collectively slashed their holdings by $81 billion in December.

China unloaded $9.6 billion in Treasuries, reaching its lowest holdings since 2009 at $759 billion.

Japan sold off $27.3 billion in bonds, with the nation now holding $1.0598 trillion in Treasuries, the most of any single country.

And the UK also pared back in a major way, leading the pack with $44.1 billion in Treasury sales, reaching a total holdings of $722.7 billion.

This trio’s retreat from US debt, combined with China’s aggressive gold accumulation, underscore concerns about a potential strategic shift away from US dollar assets as America faces a $2 trillion deficit and mounting borrowing costs.

The moves also come as yields on 10-year Treasuries hover near 4.5%, testing demand as the Federal Reserve continues its quantitative tightening, offloading $60 billion in Treasuries each month.

After a six-month pause, China resumed buying gold in November of last year.

And the buying continued in December, with China’s central bank adding about ten tons of gold reserves in the month for a total of 2,280 tons by year-end, according to data from the the World Gold Council.

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post China, Japan and UK Dump $81,000,000,000 in US Treasuries in Just One Month As China Pours Capital Into Gold appeared first on The Daily Hodl.