roshimmortalitycubeslot| China's U.S. bond positions are close to 2009 lows, and 10-year U.S. bond yields continue to climb this month
Gelonghui April 18| according to US Treasury dataroshimmortalitycubeslotIn February, China reduced its holdings of U.S. Treasury bonds by US$22.7 billion, reducing the total size of its holdings to US$775 billion. This reduction is the largest since China has held in 2024.roshimmortalitycubeslotReduced positions for the second consecutive time.
According to data from the past two years, since April 2022, China's U.S. debt holdings have been below US$1 trillion. From August 2022 to February 2023, China reduced its holdings of U.S. bonds for seven consecutive months; in March 2023, it increased its holdings of U.S. bonds by US$20.3 billion; from April to October 2023, it fell again for seven consecutive years, with the lowest position dropped to US$769.6 billion, a "trough" for nearly 14 years since 2009.
Since the beginning of this year, U.S. 10-year Treasury yields have shown an overall upward trend. In February, the yield on the 10-year Treasury note increased from 3.roshimmortalitycubeslot.8% rose to 4roshimmortalitycubeslot.35%; the yield on the 10-year Treasury bond has climbed significantly since April. On Tuesday, the yield on the 10-year Treasury bond jumped to nearly 4.7%.
