China’s sale of $53.3 billion in U.S. Treasury bonds represents a major shift in dollar assets.

Records show that China sold $53.3 billion in U.S. Treasury and institutional bonds during the first quarter. Some analysts suggest that this decline in foreign exchange reserves may be a strategic move by China to leverage its reserves against the United States. China’s government bond holdings plummet, raising a danger signal to the U.S. market China is quite (…)