Russia Off the List of Top US Treasury Note/Bill/Bond Holders

Russia Off the List of Top US Treasury Note/Bill/Bond Holders

Russia Off the List of Top US Treasury Note/Bill/Bond Holders

Russia is no longer listed among the Top foreign holders of US government securities, according to a report released in Washington.

Russia, once among the Top 10 foreign owners of Treasuries, the country’s holdings of US bills, notes and bonds in May fell to $14.9-B, below the $30-B threshold for inclusion on the Treasury Department’s monthly report of major holders.

The list Treasury released Tuesday included 33 specific countries from the biggest holder China to the smallest Chile, but Russia was no longer listed among them.

In April, Russia’s holdings of Treasuries plunged to $48.7-B from $96.1-B, according to government data.

Asked about Russia’s absence, a US Treasury spokesman said the Treasury market is the deepest and most liquid in the world, and demand remains robust, adding that the department does not comment on individual investors or investments.

Stay tuned…

The following two tabs change content below.

Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

You must be logged in to post comments :  
CONNECT WITH