China has again reduced its holdings of US Treasuries to $822 billion, the lowest since 2009.
Beijing has sold $300 billion worth of Treasuries since 2021, with the pace of sales accelerating in recent months.
Amid this, bond yields are hitting record highs, while the price is plummeting.
The yield on 10-year US Treasuries hit a 16-year high of 4,703% on Monday, October 2.