China's holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years. Rising rates have made Treasurys potentially less attractive.
Shares in the Asia-Pacific were mixed Tuesday after a positive start to the week, and as investors looked ahead to Australia's central bank's meeting minutes.
Uncertainty has Goldman CEO David Solomon operating cautiously as central banks around the world tighten financial conditions to combat inflation, he said.