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[Music] foreign quick take I am Jacob ing to the latest report on International Capital flows released by the U.S treasury Department on April 17th EST at least 22 countries worldwide sold off U.S treasuries in February among them are China Japan the United Kingdom Belgium Switzerland Ireland Canada India France Germany the Netherlands the United Arab Emirates Australia Israel Iraq Italy Poland Kuwait Sweden Colombia the Bahamas and Vietnam in February Japan one of the largest holders of U.S debt sold 22.6 billion dollars of U.S treasuries reducing its position to 1.0818 trillion dollars moreover six of the G7 countries namely Japan the UK Canada France Germany and Italy also collectively sold U.S treasuries in February in addition to Japan the UK Canada France Germany Italy Australia and Israel also sold 3.7 billion dollars and 4.1 billion dollars of U.S treasuries respectively recently Israel has been increasing its foreign exchange reserves in non-dollar currencies such as the Yuan
