Bad News for the US? China and Japan Cut Billions from US Bonds | Global Economic Shock Explained

Bad News for the US? China and Japan Cut Billions from US Bonds | Global Economic Shock Explained

The United States is facing another major challenge amid rising Iran war tensions. Foreign holdings in US Treasuries dropped by a massive $139 billion in March, raising concerns over global confidence in the American economy. Japan reduced its US Treasury holdings by $48 billion. China also slashed its holdings by $41 billion.

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