Japan surpasses China as largest foreign holder of US Treasurys

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Japan surpasses China as largest foreign holder of US Treasurys
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Japan surpassed China as the largest foreign holder of U.S. Treasurys earlier this week.

Japan has $1.12 trillion Treasury securities, and China, $1.11 trillion.Yuriko Nakao | Bloomberg | Getty ImagesJapan has added about $21 billion since May, making its holdings the largest since October, 2016. Japan now holds $1.12 trillion Treasurys, and China has $1.11 trillion, a $2 billion increase from the month earlier, according to U.S. Treasury department data.

China has been a less aggressive buyer of the U.S. sovereign debt, and market players have speculated that one action it could take in the trade war with the U.S. is to lighten up on its U.S. holdings. But there are no signs that is happening, according to traders.Related Tags

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