Global retreat from US Treasuries deepens as yields hit 2007 highs

With inflation pushing yields to their highest level since 2007, there’s been a drop in foreign investments in US Treasuries. China is among the countries pulling back, and Japan, which holds the most, cut its investments by $47.7 billion in March, now totaling $1.192 trillion. On the other hand, Britain has increased its stake to $926.9 billion, with minor upticks in the Cayman Islands and Ireland as well. Analysts are looking closely at inflation, the dollar's liquidity, and the lack of other options. Ding Shuang, Standard Chartered's chief economist for Greater China and North Asia, points out rising concerns over the sustainability of US debt and geopolitical risks, advising caution regarding hopes for a quick recovery.