Treasury Department data shows Russian holdings of US debt plunged

9:48 AM ET Mon, 30 July 2018

Russian holdings of Treasury securities declined 84 percent between March and May, falling to $14.9 billion from $96.1 billion in just two months. Russia's sell-off of U.S. debt in May occurred around the same time the benchmark 10-year Treasury note yield rose to its highest level since 2011.