Investors spooked by report that China could curtail U.S. government bond purchases

On January 11, 2018, USATODAY.com published an article with the title “Investors spooked by report that China could curtail U.S. government bond purchases.” China is the biggest foreign holder of U.S government bonds and if it stopped buying US bonds, then U.S will be in trouble. This article also added that financial markets jolted.

The very next day because of Chinese regulator denying the above story, USATODAY.com published another article titled “Chinese regulator says report that buying the U.S. debt might stop is ‘fake news’.”  China owned at least $1.2 trillion of Treasury debt as of October 2017, according to U.S. government data. The source of this story is from Bloomberg and blamed some unidentified sources for this fake news.

https://www.usatoday.com/story/money/markets/2018/01/10/investors-spooked-report-china-could-curtail-u-s-government-bond-purchases/1020076001/

https://www.usatoday.com/story/money/markets/2018/01/11/chinese-regulator-says-report-buying-u-s-debt-might-stop-fake-news/1023669001/

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