China Cut Treasury Holdings Again In November As World Piled Into US Stocks
January 18, 2023 at 16:16 PM EST
The US Treasury reported its international capital flows report this afternoon. As a reminder, we note that the values reported in the TIC report are marked-to-market, hence, a drop in the value of a nation’s holdings in USTs could be due to a) selling of USTs, and/or b) a drop in the price of USTs. […] Source
