Japan and China’s falling share of foreign holdings in US treasuries… The world is clearly splitting into two blocs — one anchored to the USD, the other gravitating toward gold-backed currency.

Yes ,and the trend goes even deeper.
As Japan and China reduce their U.S. Treasury exposure,
their reserves are quietly re-anchoring elsewhere.
The correlation between Treasuries and global reserves has broken,
flows are now moving through Chinese bonds and ultimately into Gold,… pic.twitter.com/0wwRIOnF8P

— Macro Liquidity by Sunil Reddy (@Macrobysunil) October 23, 2025

The world is clearly splitting into two blocs — one anchored to the USD, the other gravitating toward gold-backed currency. pic.twitter.com/jPWcyIfZp4

— By_NikhilPatel (@Nikhil___Patel) October 19, 2025