While foreign purchases of U.S. Treasurys rose this morning, much-watched China reduced its...

|By:, SA News Editor

While foreign purchases of U.S. Treasurys rose this morning, much-watched China reduced its stake by 3.1% to $776B in June from $801.5B in May, the biggest percentage drop since Oct. 2000. China sold $51.75B in short-term maturities, but spent some of that rotating into longer-end holdings.