Japan Overtakes China as Largest Holder of U.S. Treasuries
- Biggest holder of American govt debt held $1.13 Tln in Oct.
- China holdings fell to a six-year low of $1.12 trillion
China Sheds Treasury Holdings: How Big Is the Selloff?
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China’s holdings of U.S. Treasuries declined to the lowest in more than six years as the world’s second-largest economy uses its currency reserves to support the yuan. Japan overtook China as America’s top foreign creditor, as its holdings edged down at a slower pace.