Turkey Sells Most of Its U.S. Treasury Holdings in March
Turkey reduced its U.S. Treasury holdings from $16 billion to $1.8 billion in March. The sales followed the start of the Iran War.
news.google.comS. 8 billion. Bloomberg reported the sharp decline in holdings.
Background on the Sales The reduction occurred after the Iran War began.
Multiple reports linked the timing of the liquidation to the conflict. S. Treasury securities before the sales began.
8 billion by the end of the month. The move represented a near-complete exit from these holdings. No official statement from Turkish authorities was included in the reports reviewed. "Turkey liquidated almost all of its US Treasury holdings in March after the Iran War began.
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