US DEBT SHAKE UP 21 Major CREDITOR NATIONS CONTINUE To SELL OFF US Treasury

Welcome to Asian QuickTake, your source for indepth analysis of global affairs, international relations, and technology. In this video, we delve into the latest data released by the US Department of the Treasury, revealing significant changes in the holdings of US Treasury bonds by foreign countries. On July 18th, the US Treasury Department s May International Capital Flow Report (TIC) showed that Japan reduced its holdings of US Treasury bonds by 30. 4 billion, marking the first decrease in three months. Meanwhile, China reduced its holdings by 22. 2 billion for the second consecutive month, nearing its historical low since May 2009. The selloff trend extends to at least 19 countries worldwide, resulting in a net outflow of 167. 6 billion from US securities. Notably, US allies like Japan, the UK, Australia, and Israel have also collectively reduced their holdings of US Treasury bonds. Furthermore, multiple oilproducing countries, including Saudi Arabia and the UAE,