Japan Extends Lead On China as Top Foreign Holder of Treasuries
Bloomberg
Published Oct 16, 2019 04:00PM ET
Updated Oct 16, 2019 05:20PM ET
(Bloomberg) -- Japan remained the biggest foreign owner of U.S. Treasuries in August as China’s holdings continued to drop.
Japan’s holdings of U.S. notes, bills and bonds increased by about $44 billion to $1.17 trillion, the Treasury Department said in a monthly data release Wednesday.
Japan overtook China as the largest non-U.S. holder of Treasuries in June -- the first time it’s held that position since May 2017. China’s holdings decreased by about $6.8 billion to $1.1 trillion.
Overall foreign holdings of Treasuries increased to about $6.9 trillion compared with $6.63 trillion in July.
Both China and Japan -- the world’s second- and third-largest economies behind the U.S. -- have been negotiating trade deals with the Trump administration.
Get The News You Want
Written By: Bloomberg
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.