Bill’s commentary:

“Does this show confidence in the US dollar?”

China’s U.S. government bond holdings hit the lowest in over 12 years at the end of December, while its gold trove grew against a backdrop of American interest rate hikes and bilateral tensions.

Chinese holdings of Treasury securities fell for the fifth straight month in December to $867 billion, data published Wednesday by the U.S. Treasury Department shows.

Read more…

One thought on “

Leave a reply to Jake Perigo Cancel reply