(Bloomberg) -- Foreign central banks, which poured into U.S. government debt after the global financial crisis, are changing tack. Holders like China and other central banks culled their stakes. The drop coincides with the recent backup in U.S. bond yields, which have been rising since July.
To contact the reporter on this story: Wes Goodman in Singapore at wgoodman@bloomberg.net.
To contact the editors responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net, Jake Ulick
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
