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China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills

Posted By admin On June 5, 2011 @ 3:04 am In Money Watch | Comments Disabled

Terence P. Jeffrey
CNS News [1]
June 5, 2011

China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month reported by the U.S. Treasury.

Treasury bills are securities that mature in one year or less that are sold by the U.S. Treasury Department to fund the nation’s debt.

Mainland Chinese holdings of U.S. Treasury bills are reported in column 9 of the Treasury report linked here [2].

Until October, the Chinese were generally making up for their decreasing holdings in Treasury bills by increasing their holdings of longer-term U.S. Treasury securities. Thus, until October, China’s overall holdings of U.S. debt continued to increase.

Since October, however, China has also started to divest from longer-term U.S. Treasury securities. Thus, as reported by the Treasury Department [3], China’s ownership of the U.S. national debt has decreased in each of the last five months on record, including November, December, January, February and March.

Full article here [1]

Stock up with Fresh Food that lasts with eFoodsDirect (AD) [4]

China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills 260310banner2 [5]

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URLs in this post:

[1] CNS News: http://www.cnsnews.com/news/article/china-has-divested-97-percent-its-holdin

[2] linked here: http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/lb_41408.txt

[3] reported by the Treasury Department: http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

[4] Stock up with Fresh Food that lasts with eFoodsDirect (AD): http://www.efoodsdirect.com/

[5] Image: http://purewaterfreedom.com/

[6] Israel Has Dumped 46 Percent of Its U.S. Treasury Bills; Russia 95 Percent: http://www.prisonplanet.com/israel-has-dumped-46-percent-of-its-u-s-treasury-bills-russia-95-percent.html

[7] U.S. Treasury: China Has Decreased Its Holdings of U.S. Debt: http://www.prisonplanet.com/u-s-treasury-china-has-decreased-its-holdings-of-u-s-debt.html

[8] Chinese Treasury Holdings Decline For Fifth Month In A Row, Biggest Drop Since November 2010: http://www.prisonplanet.com/chinese-treasury-holdings-decline-for-fifth-month-in-a-row-biggest-drop-since-november-2010.html

[9] China’s holdings of US debt larger than reported: http://www.prisonplanet.com/chinas-holdings-of-us-debt-larger-than-reported.html

[10] China holdings of US debt at $1.15 trillion: http://www.prisonplanet.com/china-holdings-of-us-debt-at-1-15-trillion.html

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