U.S. debt dump deepens in 2016

China, Russia and Brazil sold off U.S. Treasury bonds as they tried to soften the blow of the global economic slowdown. They each sold off at least $1 billion in U.S. Treasury bonds in March.

In all, central banks sold a net $17 billion. Sales had hit a record $57 billion in January.

So far this year, the global bank debt dump has reached $123 billion.

Read More: http://money.cnn.com/2016/05/16/news/economy/us-debt-dump-treasury/index.html