Japan Extends Lead on China as Top Foreign Holder of Treasuries

  • Japan bought biggest amount of U.S. debt since 2013 in August
  • China’s holdings dropped for a second month to $1.1 trillion
Photographer: Toru Hanai/Bloomberg
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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.