Russia's investment in U.S. Treasuries declines again
Russia reduced investment in the U.S. treasury bonds by $1.815 billion on the month to $12.814 billion in November, the U.S. Department of the Treasury said.
Since last year, Russia has slashed around 85% of its U.S. Treasury holdings, from $96.9 billion in January 2018 to $12.8 billion in November, RT recalls.
China, the largest foreign holder of US debt, slashed its holdings for a sixth straight month in November. Beijing had $1.12 trillion in U.S. Treasuries, down from $1.138 trillion in October. The decline brought China’s Treasury holdings to the lowest level since May 2017, the data showed.