China’s Major US Treasury Sale Sparks Market Uncertainty

A recent significant divestment by the Chinese government has sent ripples through global financial markets, with data revealing a substantial reduction of over $18.9 billion in US Treasury bonds between February and March 2024. While many nations increased their holdings during this period, China’s decision to sell off its treasury bonds was notable, raising questions about the impact on the global financial system. Experts are examining potential ramifications for trade balance and the US economy.