For the fourth month in a row, China is selling off its U.S. Treasury bonds (U.S. Sovereign debt).  China is the biggest holder of U.S. bonds, but since February, they’ve been getting rid of them, a little at a time.

So far the Chinese have sold U.S.$600 million in U.S. bonds, that’s according to the U.S. Treasury.

Japan has the second biggest holdings of U.S. Treasuries, but there is concern that Japan will sell them off, to help pay for rebuilding after the March 11 disasters.