Why Is Russia Cashing Out Its U.S. Treasury Securities?

found online by Raymond

 
From Ted McLaughlin at jobsanger:

The chart above shows the U.S. treasury securities held by Russia from 2011 through May of 2018. Note the sharp drop on the right side of the chart. Russia has sold off most of their holdings recently — going from $96.1 billion to only $14.9 billion.

That sell off has mystified investors, since the interest rates on U.S. Treasury securities is still high, and Trump’s recent overtures to Putin would seem to make those investments even better than in the past.

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