7 of Top 10 Foreign Holders Cut Treasurys as Iran War Volatility Jolts Markets

8 articles · Updated · Reuters · May 19

Seven of the top 10 foreign holders of U.S. government debt reduced their Treasury positions in March as governments moved to steady currencies during Iran-war-driven market turmoil.
Japan cut holdings to defend the yen, while China trimmed exposure amid short-term volatility and a longer-running shift away from dollar assets.
Saudi Arabia and the UAE also sold Treasurys as the war disrupted the oil-for-dollars flow that had supported recycling into U.S. debt.
U.S. Treasury yields are nearing levels last seen in 2007, with a global bond selloff fueled by inflation fears and persistently high oil prices.

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