Financial News

Turkey on a U.S. Debt-Dumping Spree

Turkey has been on a debt-dumping spree, selling off 12% of its United States government debt holdings between May and June. The move mirrors that of Russia dumping its stock of U.S. debt from $96.1 billion in March to an 11-year low of $14.9 billion in May. The unloading by Russia caused...
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