• Between March and May, Russia’s holdings of US Treasury bonds plummeted by $81 billion, representing 84% of its total US debt holdings - CNN

Market news

31 July 2018

Between March and May, Russia’s holdings of US Treasury bonds plummeted by $81 billion, representing 84% of its total US debt holdings - CNN

The sudden debt dump may have contributed to a short-term spike in Treasury rates that spooked the market. 10-year U.S Treasury yields topped 3% in April for the first time since 2014.

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