China’s Treasury holdings fell in March, according to TIC data


First drop in four months

Net TIC flows showed an $8.1B outflow from the US. China’s Treasury holdings fell $10.4B in the months, which is a drop in the bucket of their $1.12 trillion in holdings.

This might get a bit of traction because of the backdrop but $1.13 trillion to $1.12 trillion is background noise.


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