China’s Treasuries Rise to Five-Month High as Japan Keeps Pace
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China, the largest foreign lender to the U.S. government, increased its Treasuries holdings in October to a five-month high, while Japan, the second largest holder, kept pace.
China’s position in the debt increased $7.9 billion, or 0.7 percent, to $1.16 trillion, U.S. Treasury Department data released yesterday show. Japan’s holdings rose $5.2 billion, or 0.5 percent, to a record $1.13 trillion. For the year, Japan has purchased $76.7 billion of the securities, more than any other country, compared with $9.6 billion for China.