China’s Treasury Holdings Fell in November as Yields Declined

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China, the largest foreign lender to the U.S., reduced its holdings of Treasuries in November for a second month as yields on the debt approached lows of the year and total foreign demand accelerated.

China’s U.S. government securities ownership shrank by 0.1 percent, or $1.5 billion, in November to $1.13 trillion, according to Treasury data released yesterday. The Communist nation’s bill holdings fell 12 percent to $2.3 billion.