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South China Morning Post
South China Morning Post
AsiaPac · 11 days ago
68← Left
China joins global sell-off of US Treasuries in March as Iran war prompts panic
68Quality
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AI Analysis
Quality 68/100
Partisan intensity 35/100
ObjectivePartisan
← Left ⚠ Misleading headline

China reduced its holdings of US Treasury bills in March alongside other global investors, amid geopolitical tensions involving Iran and concerns over inflation and energy prices.

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China joins global sell-off of US Treasuries in March as Iran war prompts panic
Mainland Chinese investors shed its holdings of US Treasury bills in March, echoing the move of many overseas institutions and central banks amid uncertainties over the US-Israel war on Iran. Such reductions in Treasury holdings reflected mounting doubts in global markets, analysts said, as the escalating war in Iran fuelled concerns over inflation, energy prices and fiscal pressures, driving Treasury yields higher and overshadowing the likelihood of interest rate cuts from the US Federal...
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