Business
Foreign Governments Reduce U.S. Treasury Holdings Amid Currency Fears
Japan and China led a retreat from U.S. Treasurys as the Gulf War conflict and rising oil prices caused currency concerns, leading to a selloff.
Coverage timeline — 1 article
CNBC
The selloff came as the outbreak of the U.S.-Iran conflict and resulting surge in crude oil prices sent the Japanese yen and other Asian currencies tumbling.
2026-05-19 10:10 UTC