China Reduces Its US Treasury Holdings
In July, China’s ownership of U.S. Treasuries declined to a six month low.
China’s holdings of U.S. bonds, bills and notes was $1.17 trillion in July – the lowest level since January. In June, it was $1.18 trillion. (According to data released by the Treasury Department on Tuesday). The news comes at a time when trade war between the U.S. and China seems to have only intensified. In the latest round of the 'battle', the U.S. will impose fresh levies on an additional $200 billion of Chinese goods on September 24, to which China has responded with its plan to hit $60 billion of U.S. goods with tariffs.
GOVT in upward trend: 10-day moving average broke above 50-day moving average on June 17, 2025
The 10-day moving average for GOVT crossed bullishly above the 50-day moving average on June 17, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 27, 2025. You may want to consider a long position or call options on GOVT as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for GOVT just turned positive on May 29, 2025. Looking at past instances where GOVT's MACD turned positive, the stock continued to rise in of 59 cases over the following month. The odds of a continued upward trend are .
GOVT moved above its 50-day moving average on June 17, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOVT advanced for three days, in of 281 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOVT declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for GOVT entered a downward trend on June 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Industry description
Advertisement
General Information
Category IntermediateGovernment
Advertisement