Japan, China lead foreign government retreat from U.S. Treasuries as Gulf War fallout stokes currency fears
- Posted on May 19, 2026
- By CNBC
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- 1 min read
Japan, China lead foreign government retreat from U.S. Treasuries as Gulf War fallout stokes currency fears
The selloff came as the outbreak of the U.S.-Iran conflict and resulting surge in crude oil prices sent the Japanese yen and other Asian currencies tumbling.