Business News: China, Japan lead record outflow from Treasuries in June: NEW YORK (Reuters) - China and Japan led an exodus from U.S. Treasuries in June after the first signals the U.S. central bank was preparing to wind back its stimulus, with data showing they accounted for almost all of a record $40.8 billion of net foreign selling of Treasuries. The sales were part of $66.9 billion of net sales by foreigners of long-term U.S. securities in June, a fifth straight month of outflows and the largest since August 2007, U.S. Treasury Department data showed on Thursday. China, the largest foreign creditor, reduced its Treasury holdings to $1. ... Get Full Details From News Source u.robinspost/3pfywq
Posted on: Fri, 16 Aug 2013 05:36:21 +0000
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