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US Treasury Bonds

India Dumps US Treasuries, Buys Up Gold To Mitigate Threats

India has drastically reduced its investment in US Treasuries, as New Delhi and some of the world’s largest nations move away from dollar-based investments to protect against Washington's policy of economic coercion, Bloomberg reported on 23 January. India’s holdings of long-term US sovereign debt have dropped to $174 billion, down 26 percent from a 2023 peak, according to recently released US government data. According to the Reserve Bank of India, US Treasuries now account for just 30 percent of India’s foreign-exchange assets, down from 40 percent a year ago.
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