China Sell 68% of its US Treasury: What's next?

4 months ago
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China Sell 68% of its US Treasury: What's next?
The general U.S. perspective of US treasury emphasizes the security and reliability of Treasury securities.
Critics, however, point to different aspects. They often argue that the massive issuance of U.S. Treasuries is a reflection of the significant national debt, which stood at approximately $34.9 trillion as of July 2024. They argue that this growing debt could pose long-term economic risks, including potential inflation and increased borrowing costs. Additionally, they highlight the dependency of the U.S. on foreign investment, particularly from countries like China and Japan, which hold large amounts of U.S. debt—around $1.15 trillion and $1.1 trillion, respectively, as of early 2024.

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