China’s Role in U.S. Bond Market Shrinks With Other Foreigners
- China’s holdings of Treasuries fall to least since Feb. 2017
- Fed’s share still trails other central banks in their markets
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The share of U.S. debt being held by foreign investors just keeps on shrinking.
China’s holdings fell in September to the least since February 2017, and by some measures the nation was the biggest seller of Treasuries. The largest non-U.S. holder -- Japan -- offloaded American government debt for the second straight month. Foreign ownership of the $20.4 trillion market has been on a decade-long retreat with domestic buyers -- from mutual funds to pension plans -- filling in the gap.