Was wondering what everyone's thoughts on Russia dumping their US Treasuries over the last few months.
"Its sale of $14bn of long-term Treasuries in May means its holdings have plunged from almost $100bn at the end of March, according to official US data published this week. May’s decline was the second straight month of selling by Russia, leaving its holdings at $14.9bn at the end of May."
https://www.ft.com/content/24cd34b4-8a97-11e8-b18d-0181731a0340
Is it their response to sanctions? Simply looking for better returns? Or something else?
Submitted July 19, 2018 at 02:51AM by gottagetminenow https://ift.tt/2LoGFZ5
