U.S. Treasury: China Reduced U.S. Debt by 11.8 Billion Dollars in October

Reference News Network December 19 report, according to the Singapore "Lianhe Zaobao" website December 19 report, the U.S. Treasury Department on the 18th published the latest data showing that foreign investors' holdings of U.S. Treasuries declined in October this year, although some countries including Japan and the United Kingdom increased their positions. China, the third largest holder, reduced its holdings of U.S. Treasuries by 11.8 billion U.S. dollars in October, to 688.7 billion U.S. dollars, setting a record low since 2008.

The report cited Bloomberg as saying that concerns about overseas selling have drawn particular attention to the U.S. Treasury's holding data this year. However, U.S. Treasury Secretary Bensinger has always refuted the notion of "selling U.S."

Japan is the largest overseas holder of U.S. Treasuries, with its holdings increasing by 10.7 billion U.S. dollars to 1.2 trillion U.S. dollars, reaching the highest level since July 2022.

The UK's holdings rank second, increasing by 13.2 billion U.S. dollars to 877.9 billion U.S. dollars.

Canada's holdings dropped sharply by 56.7 billion U.S. dollars to 419.1 billion U.S. dollars. This neighboring country of the United States has been buying and selling large amounts, with monthly fluctuations exceeding 50 billion U.S. dollars becoming routine.

Original: toutiao.com/article/7585444998032687635/

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