Original Article Post Date:
by Sarah McGregor
Biggest holder of American govt debt held $1.13 Tln in Oct.
China holdings fell to a six-year low of $1.12 trillion
A monthly Treasury Department report showed China held $1.12 trillion in U.S. government bonds, notes and bills in October, down $41.3 billion from the prior month and the lowest investment since July 2010. The portfolio of Japan decreased for third month, falling by $4.5 billion to $1.13 trillion, according to the data. Collectively, the two nations account for about 37 percent of America’s foreign debt holdings.