Foreign central banks have reduced their holdings of U.S. Treasury bonds to the lowest level since 2012.

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Mars Finance news: On April 1, according to the British Financial Times, to support the country’s economy and currency during the Iran war, foreign central banks have reduced their holdings of U.S. Treasury bonds to the lowest level since 2012. Since February 25, the value of Treasury bonds held by official institutions and kept in custody at the New York Federal Reserve Bank has fallen by $82.0 billion. Some central banks have intervened in foreign exchange markets to support their domestic currencies. Such intervention typically involves selling U.S. dollars to deal with the crisis. Since February 27, only the Central Bank of Turkey has already sold $22.0 billion worth of foreign government bonds. Analysis points out that supply shocks have put global central banks under tremendous pressure.

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