Central banks offload U.S. Treasurys; China holdings at 18-year low
Source: Cnbc
Published:
<p>Foreign governments cut U.S. Treasuries in March as the Middle East war forced central banks to liquidate dollar reserves, defending local currencies against an energy shock that sent exchange rates tumbling.</p> <p>China reduced its holdings to $652.3 billion, down roughly 6% from February to th