The China's withdrawing from the US government debt is being overlooked as robust demand in the domestic market is increasing. Several US mutual funds have started buying treasuries at auction. The US investors are also increasing their buying.
treasuries
Breaking News
Pimco Total Return Fund, the biggest bond fund in the world, increased its US government-related holdings in December to 45% from 37% in November, Reuters reported.
New Treasuries demand showed a solid improvement following the retreat of Wall Street dealers and rising yields.
The PIMCO Total Return Fund lowered its holdings of US Treasuries and mortgage debt in February as shown in the fund's website on Monday.
Subscribe to VCpost newsletter
Most Popular
- Joe Biden Administration Sanctions Colombian Maritime Companies Preying on Vulnerable Migrants Seeking to Enter US
- Neuralink Co-Founder Implies He Left Elon Musk's Brain Implant Company Over Safety Concerns
- IRS Scrambles to Address Huge Gap in Audit Rates Between Black, Other Taxpayers
- Biden’s Economic Advisor Jared Bernstein Awkwardly Explains How Money Works
- Social Security and Medicare Get Boost From Stronger US Economy, But Funds Expected to Run Short in 2035
- Americans Brace for Another Round of Higher Housing Costs, NY Fed Survey Shows
- Hims & Hers CEO Responds to Backlash After Facing Stock Plunge Over Comments Praising Anti-Israel Protesters
- Xi Jinping Urges France to Resist 'New Cold War' Amid EU's Shift Towards US Alliance