US Treasury bonds sales in sharp decline

Foreign governements and Investors have been very shy lately when it comes to purchasing US treasury bonds , according to the The Treasury Department the sales of Treasury bonds have dramatically dropped in the month of April compared with the month of March from $US55.4 billion in March to $US11.2 billion in April.
Both China, the largest holder and buyer of US Treasury Bonds and Japan have dramatically reduced their purchases, other Foreign governments and private investors have done the same .
US investors have been sending their money abroad, too. US residents invested $23 billion in long-term foreign securities in April, up from just $1 billion in March.
China alone owns 10 per cent of America's publicly held debt.

For the first time in 11 months China's holdings of US Treasury bonds fell - to $763.5 billion in April, according to US government data .

The figure is down from March's $767.9 billion, was the lowest since June 2008