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Watch onNEW YORK - Foreign holdings of U.S. Treasuries in August rose to their largest level since December 2021, data from the Treasury Department showed on Wednesday, rising for a third straight month.
"The bigger fear is that they can step away in the coming months especially as deficits increase and that is keeping a lot of investors nervous," he added. "It's unclear whether this was for currency purposes because Chinese reserves have not declined, which is odd," Goldberg said.
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