Economics
Bond Market Belgian Mystery Draws China Focus: Cutting Research
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Is China the answer to the mystery of why Belgium is now home to so many U.S. Treasuries?
The euro area’s sixth-largest economy has boosted its holdings by $140.6 billion since the start of December, making it the third-biggest holder of the world’s benchmark debt, with $341.2 billion in February. That’s almost twice what it had a year earlier.