Japan Reveals Record Dump of US Treasuries
Japan's Government Pension Investment Fund is the largest pension in the world, and they just made changes to their portfolio allocation. Specifically, they made a record cut in the amount allocated to US Treasuries, cutting from 47% to 35%. This is just one more example of what has been taking place all over the world for a few years now. The world is dumping dollars.
Sources:
https://www.bloomberg.com/news/articl...
https://www.cnbc.com/2021/07/26/inter...
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