Canada, Japan Led Foreign Treasuries-Buying Jump in February
The US Treasury building in Washington, DC.
Photographer: Kent Nishimura/BloombergThis article is for subscribers only.
Foreign holdings of US Treasuries surged in February by the most since June 2021, with Canada and Japan among the biggest net buyers during a month that preceded the bond market’s recent turmoil.
Total overseas holdings of Treasury securities jumped by $290 billion to a record $8.82 trillion in February, Treasury Department figures showed Wednesday. Foreign buyers purchased a net $106.2 billion of long-term, and $73.2 billion of short-term, Treasuries in the month.