mo4ch:>Till debt do us part: Russia’s holdings of US Treasuries plunge to 12-year low | Mo4ch News

Foreign investors led by Russia accelerated the reduction of US debt securities in April, decreasing their holdings of Treasury bills by $29.5 billion, data released by the US Treasury Department shows.Russia cropped its stockpile of US debt by $1.6 billion. The country’s holdings decreased from $13.7 billion in March to $12.1 billion in April. That’s the lowest figure since May 2007 when Russia’s ownership of US debt stood at $11.8 billion.Also on rt.comRussia boosting gold reserves at a time of impending US dollar crisis – Peter SchiffOnce a leading holder of US Treasury bonds, Russia has been sharply reducing its holdings in recent years. It has cut nearly 85 percent of the holdings from $96.9 billion in January 2018. The drop is even more significant from 2010, when Russia held over $170 billion in US debt bonds.Data showed that the largest US creditor, China, has also trimmed its holdings in April to the lowest level since May 2017. Chinese holdings of Treasury securities decline…