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Aggressive selling of US Treasuries by Saudi
Read Time: < 1 minuteSaudi Arabia is the latest country to offload a massive amount of their US Treasury holdings. In February 2020, their holdings peaked at $184 billion and are now down 41%, to $108 billion. Meanwhile, China’s US Treasury holdings just fell to $835 billion, a fresh 14-year low. Chinese holdings of US…
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Saudi Pile of US Treasuries at Six-Year Low in Shift to Risk
Read Time: 4 minutesSaudi Arabia’s stockpile of US Treasuries fell to the lowest level in more than six years, as the kingdom allocates more of its oil wealth to riskier assets.The Gulf country in June sold more than $3 billion in US government debt, offloading the securities for a third consecutive month to bring its…
