This chart from bond vigilantes shows, how the treasury holdings by People's Bank of China has declined to a four-year low amid increasing yields in the United States.
Given the increasing interest rates in China, increased demand for the dollar, and looking at the decline in USD/CNY exchange rate, it is very difficult to call this decline a selling, it is more of a bleeding.


U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals




