Tags: Foreign | Holdings | Treasury Debt | Bonds

Foreign Holdings of US Treasury Debt Drop for Third Straight Month

Thursday, 15 August 2013 11:29 AM

Foreign holdings of U.S. Treasury securities fell for a third consecutive month in June, with both China and Japan cutting back.

The Treasury Department said Thursday that total foreign holdings declined to $5.6 trillion in June, a drop of 1 percent from May. Total foreign holdings fell 0.9 percent in May and 0.3 percent in April after hitting an all-time high of $5.7 trillion in March.

China, the largest foreign buyer of Treasury debt, trimmed its holdings by 1.7 percent in June to $1.28 trillion. Japan, the second largest foreign purchaser, cut its holdings by 1.8 percent to $1.08 trillion.

Treasury debt held by foreigners is up 5.4 percent from a year ago. That suggests global demand remains high despite the prolonged battles in Washington over budget deficits.

© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
StreetTalk
Foreign holdings of U.S. Treasury securities fell for a third consecutive month in June, with both China and Japan cutting back.
Foreign,Holdings,Treasury Debt,Bonds
128
2013-29-15
Thursday, 15 August 2013 11:29 AM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved