Japan’s Holdings of Treasuries Dip to Lowest Level Since 2013
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Japan’s holdings of U.S. Treasuries dipped below $1.2 trillion for the first time since 2013 even as purchases of the government debt accelerated among foreigners as a whole.
Japan, the second-largest foreign holder, saw its holdings fall by $17.8 billion in June, the biggest drop in two years, to $1.197 trillion, according to Treasury Department data released Monday in Washington. China’s holdings of Treasuries rose by about $900 million to $1.27 trillion.