China pares back holdings of US Treasuries for 7th month – Reuters

Dhwani Mehta FXStreet

Citing the latest US Treasury Department data released on Monday, Reuters reported that China’s holdings of American government bonds were reduced for a seventh straight month in June.

Additional takeaways

“China's stash of US government debt dropped to $967.8 billion in June, the lowest since May 2010 when it held $843.7 billion.”

“Japan increased its holdings of Treasuries to $1.236 trillion in June, from a revised $1.224 trillion in May.”

“Overall, foreign holdings of Treasuries rose to $7.430 trillion in June from a revised $7.426 trillion in May.”

“US Treasuries have posted foreign inflows for a second straight month.”

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