Foreign holdings of US Treasuries slide after two weeks of gains
Foreign central banks' ownership of US government debt fell by $14.95 billion, the largest decline since the Treasury drop off on the week to 12 May, data from the Federal Reserve, out Thursday, showed.
The Fed data revealed that US Treasuries held by overseas central banks at the Fed fell by $14.95 billion, or 0.656%, to $2.262 trillion for the week ending 9 June. Data on currency swaps to foreign central banks remained unchanged.
Meanwhile agency securities - debt issued or guaranteed by
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