China sells most U.S. Treasuries in nearly two-and-a-half years

China sold the most U.S. Treasuries in almost 2-1/2 years in March amid uncertainty about a trade deal between Beijing and Washington, data from the U.S. Treasury Department released on Wednesday showed. Since last week after a dismal 10-year Treasury auction, there has been renewed speculation whether China may sell its U.S. debt in retaliation for increased tariffs on $200 billion of its exports to the United States. The latest data on China’s U.S. bond holding were collected before a sudden breakdown in trade talks between the world’s two biggest economic powers 1-1/2 weeks ago and prior to the U.S. duty hike on Chinese goods, which went into effect on Friday.