Britain exceeds China and becomes the second largest container of US treasury effects

China reduced its US treasury effects during March to replace the UK as the second largest foreign container for these bonds. The month, which preceded the unrest that hit the US bond market last April, was a second consecutive leap in foreign purchases to record a new record. Total foreign prejudices increased by $ 233.1 billion to be 9.05 billion dollars, according to the US Treasury statements released yesterday. The UK has exceeded China, until 2019, the largest foreign holder of US treasury bonds, until Japan exceeded that year. The latest data, collected by “Bloomberg”, shows that the UK has exceeded China for the first time in more than two decades. On a broader scale, statements showed yesterday that- at least until last March- no signs of rebellion against US government bonds showed. The issue of foreign demand for these bonds was an important issue in the markets, especially as US President Donald Trump launched a strict campaign to increase customs duties and his repeated accusation of economic partners of the United States of the “looting” of the country. The fees announced on the second of April last year, under the name “Tahrir’s Day”, created a buying wave that influenced the Treasury bonds, the US dollar and shares during that month. Last March, Japan, UK, Canada and Belgium increased from US ties. The UK’s $ 779.3 billion owned, exceeding China’s ownership, which amounts to $ 765.4 billion, a number reflecting the net sales of $ 27.6 billion in US bonds. Japan and Canada rose the third consecutive month, to 1.13 trillion dollars. According to the data, Canada’s belongings increased by $ 20.1 billion to record $ 426.2 billion. As far as Belgium is concerned – according to market analysts, its belongings – its belongings increased by $ 7.4 billion to $ 402.1 billion in March. The Kayman Islands- the usual haven for investors with financial leverage, such as hedge funds- rose $ 37.5 billion to be $ 455.3 billion. The Bloomberg index for the Republic of Dollar fell 1.8% last March, before it ended up with an additional 4% in the next month, amid fluctuations raised by Trump’s threats to impose customs duties. Regarding the returns of the Treasury effects for ten years, they remained relatively stable during March, before they were from the lowest level at 3.86% and the highest level at 4.59% during the last April deviations. The fear of a commercial war has recently dropped, after a meeting between American and Chinese officials this weekend before the last time, which led to a mutual reduction in customs duties. Earlier this month, the Trump administration announced a trade agreement with the UK.