Japan Widens Lead on China as Top Foreign Treasuries Holder
- Japan’s U.S. debt holdings rose to $1.17 trillion in October
- China’s stockpile fell to $1.10 trillion, lowest since 2017
Photographer: Tomohiro Ohsumi/Bloomberg
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Japan widened its lead over China as the largest foreign owner of U.S. Treasuries as its holdings rebounded to the second-highest level since 2015, while China’s stake was little changed.
Japan’s holdings of U.S. notes, bills and bonds increased to $1.17 trillion in October from $1.15 trillion a month earlier, the Treasury Department said in a report Monday. Japan overtook China as the largest non-U.S. holder of Treasuries in June -- the first time it’s held that position since May 2017.