Dollar bruised by worries over China’s stance on US bonds


(Worthy News) – The dollar nursed its losses against the yen on Thursday, having suffered its biggest one-day drop in nearly eight months following a report that China was ready to slow or halt its purchases of US Treasuries.

Officials reviewing China’s foreign-exchange holdings have recommended slowing or halting purchases of US Treasuries, Bloomberg News reported on Wednesday, citing people familiar with the matter.

The report sent US 10-year Treasury yields to 10-month highs and dented the dollar on Wednesday, which slid nearly 1.1 percent on trading platform EBS, its biggest one-day percentage fall versus the yen since last May. [ Source: Jerusalem Post (Read More…) ]

7
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Suspect In Jan. 6 Pipe Bomb Case Confesses, According To Officials
Boeing Awarded $8.6 Billion Contract for F-15s as U.S. Military Aid to Israel Continues
“Death to the Dictator”: Iran Protests Turn Openly Defiant as Markets Shut Down
Trump Signals Backing for Israeli Action Against Iran, Warns U.S. Will Act on Nuclear Threat
Syria’s Alawite Protests Kill 4; Dozens Injured
Trump says Ukraine peace deal ‘closer than ever’ after talks with Zelenskyy (Worthy News Radio)
Pakistan Pastor Murder Case Takes Dramatic Turn As Police Name Wife, Lover As “Masterminds” (Worthy News Investigation)
ISIS-Linked Men Convicted Over Foiled Mass Terror Plot Against Jews In Manchester
Body Of Missing Ukrainian Teen Found In Dutch City Of Beverwijk
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News