FILE IMAGE
Russia has carried out a major selloff of US Treasury bonds, dumping about $47bn-worth of papers, statistics released by the US Treasury Department on June 15 show.
Russia sold $47.4 billion out of the $96.1 billion the country had in US treasury bonds in March. Thus, in April, Russia had only $48.7bn in US assets, occupying 22nd place on the list of “major foreign holders of Treasury securities.”
Russian media links the selloff of US bonds with the US-Russian conflict and multiple US sanctions imposed on Moscow.
