BRICS Just Dumped $28.8 Billion in U.S. Treasuries — Here’s What It Really Means for the Dollar

The Quiet Exit: BRICS Cut $28.8 Billion in October Alone According to U.S. Treasury data, BRICS nations—China, India, and Brazil—collectively dumped $28.8 billion in U.S. government debt in October 2025. India led the way, cutting $12 billion, followed by China’s $11.8 billion and Brazil’s $5 billion. This isn’t a one-off event. It's part of a 12-month liquidation trend that saw: China offload $71.4 billion in U.S. Treasuries, Brazil sell $61.1 billion, India dump $50.7 billion. This aggressive unwind in U.S. debt positions isn't just a portfolio adjustment—it’s a strategic pivot away from the dollar-dominated global financial system. The JPMorgan Warning: A Bearish Outlook for the Greenback In parallel with the BRICS selloff, JPMorgan has turned net bearish on the U.S.…