Japan and China significantly reduced their holdings of US Treasuries in the third quarter, with Japan selling a record $61.9 billion and China offloading $51.3 billion. This selling spree was driven by concerns over President-elect Trump"s economic policies and rising US yields, which heightened geopolitical risks and investor sentiment.
The recent electoral victory of Donald Trump and the Republican Party has sparked intense discussions among government and business leaders regarding its implications. Trump's unorthodox economic beliefs and aggressive negotiation style are expected to significantly impact both the U.S. and global landscapes.
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