The latest report from the US Treasury shows that the scale of U.S. Treasury held in China in May from 1 trillion US dollars in April (Same as Sim, about 1390 billion yuan) to 981 billion US dollars, and decreased year -on -year decrease9%.This is the first time that China ’s US Treasury holdings have been reported since 2010 for the first time below $ 1 trillion.
According to the Wall Street Journal, if the U.S. Treasury bonds are indirectly held, China's U.S. Treasury holdings are likely to exceed 1 trillion US dollars.For example, Belgium is the eighth largest holding country of U.S. Treasury bonds, with holdings of US $ 268 billion. Analysts call part of them from China.China also holds the debt of institutions guaranteed by the US government.
Japan's largest overseas holding country, Japan, has also been reduced. Japan's U.S. Treasury holdings have fallen by 4%year -on -year to 1.21 trillion US dollars.
According to reports, as the yield of bonds has soared due to inflation and the Fed's interest rate hikes, the S & P U.S. Treasury Index has fallen by 8%.For potential overseas holdings, what makes the problem more complicated is that the value of the US dollar has soared, and the DXY dollar index has risen 11%.
