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Chinese holdings in the U.S. Treasuries crash to lowest level since the Global Financial Crisis
The sovereign bonds market started the week on mixed footing, with Chinese holdings in the U.S. Treasuries plunging to their lowest level since the Global Financial Crisis of 2008. Specifically, China’s Treasury holdings have fallen to $682.6 billion, down from a peak of $1.32 trillion in 2013, according to U.S. Treasury data. [...]