☆Eyes turn to Russia on record drop in U.S. bond holdings URL Eyes turn to Russia on record drop in U.S. bond holdings
(Reuters) - This week's record decline in foreign holdings of U.S. Treasuries has led some to speculate that Russia has been cutting its dollar reserves ahead of possible sanctions from the West due to its role in the Ukraine crisis.
Foreign central banks sold an eye-popping $104.5 billion in Treasuries this past week - more than three times the previous record. Suspicions have centered on Moscow, but it is possible that other major holders of U.S. debt, such as China and Japan, could have been big sellers as well.
"The speculation is that Russia is reducing its Treasuries holdings ahead of any possible sanctions," said Shaun Osbourne, chief foreign exchange strategist at TD Securities in Toronto.
A definitive answer will not be available until official data on holdings is released in the next couple of months. :引用終了