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[hfe_template id='11223'] [ad_1] Foreign holdings of U.S. Treasuries fell in December as the two largest foreign holders of the government debt, Japan and China, both cut their portfolios, data from the Treasury Department showed on Tuesday. Holdings of U.S. Treasuries fell to $8.513 trillion in December from $8.633 trillion in November. Holdings had reached $8.679 trillion in September. Japan's Treasuries holdings fell to $1.060 trillion from $1.087 trillion the previous month. Japan remains the largest foreign holder of U.S. Treasury securities. China, which is No. 2, cut its holdings to $759 billion from $768.6 billion in November. Treasury yields surged in December on expectations of higher growth and a possible inflation resurgence as traders gauged the likely impact of tariffs and immigration reforms by the Donald Trump administration, following Trump's victory in the November presidential election. Federal Reserve policymakers also said that they see few...

[hfe_template id='11223'] [ad_1] Hong Kong, Nov 08, 2024 -Asia's markets rally stuttered Friday after early gains as traders struggled to keep up with another Wall Street record following the Federal Reserve's interest rate cut, while they were also weighing the outlook with another Trump administration. Traders were also awaiting the end of a week-long meeting of key Chinese officials who have been hammering out a major stimulus package for the world's number two economy with an eye on the US election result. While there are concerns that another four years of Donald Trump could see a rise in tensions between Beijing and Washington, investors are optimistic that his plans to slash taxes and push through more deregulation will boost companies' bottom lines. There are worries that the Republican's policies could stoke inflation again, dealing a blow to the Fed's long-running battle against prices. But central bank boss Jerome Powell added to the up...

[hfe_template id='11223'] [ad_1] Don't blame Japan. Don't be overwhelmed by the US job numbers. And, learn to live with the periodic exploits of a seemingly endless cast of zealous, mercurial characters in the Middle East. These are just good reasons and strong triggers, probably transient, for large sophisticated international investors to pull back from a market that most felt had long run ahead of reality. Japan had dropped abundant hints that interest rates would inch up: a semblance of normalcy in monetary policy had to return; fears of inflation were building up; and, outflow of yen (to bet on stocks) amid a drop in financial savings can't go on. It was only a matter of time that the yen had to get pricier. Over the years yen and the Swiss franc, thanks to low or near zero interest rates, had come handy to the big boys of the world market to play around with borrowed money. That arithmetic comes under stress when yen becomes costlier, as it's beginn...