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US Treasuries sales by Beijing erode support ahead of rate hike

China has reduced its stake in US government debt in July by about US$82.7 billion
Friday, September 18, 2015 - 05:50

New York

THE last time the Federal Reserve was preparing to raise interest rates, China was one of the biggest supporters of the Treasury market, along with other countries that were adding to their holdings. This time it's different.

China reduced its stake in US government debt