China Dumps More US Debt as Foreign Holdings Hit Record High

Foreign holdings of U.S. debt rose to an all-time high in February, representing the fifth consecutive monthly increase, new Treasury Department data revealed on April 17. However, as global investors scooped up U.S. government bonds, China trimmed its exposure to dollar-denominated assets.
In total, foreign holdings were $7.965 trillion, up from $7.945 trillion in January. U.S. debt owned by foreigners also advanced nearly 9 percent from the same time a year ago.

Belgium was the top market to expand its holdings of Treasuries by picking up about $27 billion and raising the total to $320 billion.

Japan continued to be the largest non-U.S. holder of Treasury securities, adding another $16 billion to $1.168 trillion, the highest total since August 2022.

France bought $16 billion, Canada purchased $14 billion, and the United Kingdom acquired more than $9 billion.

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