China Asks Banks to Limit Exposure to U.S. Government Debt, Bloomberg Reports

--Chinese officials have urged banks to limit purchases of U.S. government bonds and instructed those with high exposure to pare down their positions, Bloomberg reported, citing unnamed sources.

--According to the Bloomberg report, the guidance, which doesn't apply to China's state holdings of Treasurys, reflects wariness that substantial holdings of U.S. government debt could expose banks to sharp swings.

Full story: https://www.bloomberg.com/news/articles/2026-02-09/china-urges-banks-to-limit-holdings-of-us-treasuries-citing-market-volatility

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(END) Dow Jones Newswires

02-09-26 0520ET