Japan remained the biggest foreign owner of U.S. Treasuries in July with its holdings rising to a more than two-year high, while China’s stake fell slightly.
Japan’s holdings of U.S. notes, bills and bonds increased by about $7.9 billion to $1.13 trillion, the Treasury Department said in a monthly data release Tuesday. That’s the largest amount held by Japan since October 2016, according to data compiled by Bloomberg.