China advises banks to curb exposure to US Treasuries amid volatility: Report Bloomberg says regulators urge limits on purchases to reduce concentration risk, framing move as diversification, not loss of faithReutersChinese regulators have advised financial institutions to curb holdings of U.S. Treasuries due to concern over concentration risk and market volatility, Bloomberg News reported on Monday, citing people familiar with the matter. Officials urged banks to limit purchases of U.S. government bonds and instructed those with high exposure to pare down positions, though the advisory does not apply to state holdings, Bloomberg reported. ADVERTISEMENTThe People's Bank of China and National Financial Regulatory Administration did not immediately respond to Reuters' requests for comment. The advisory was framed as an effort to diversify market risk rather than a response to geopolitical maneuvering or a loss of confidence in U.S. creditworthiness, Bloomberg reported. The guidance came before President Xi Jinping held a telephone call with U.S. President Donald Trump last week, Bloomberg said.

Source: The Telegraph February 09, 2026 08:38 UTC