According to official data from the U.S. Treasury Department, China’s stash of treasuries fell to $651.1 billion in April, the lowest level recorded since September 2008. Nonetheless, foreign ownership of U.S. debt increased during the same period, with Japan and the U.K. increasing their holdings.
Key Takeaways:
China cut U.S. debt holdings to $651.1B in April, rattling bond markets as net selling persists.Fed Chair Kevin Warsh kept rates steady, pushing back on Trump’s 1% plan.Global U.S. debt holdings hit $9.35T, next driving Japan’s $1.21T dominance as Canada sells.China, one of the largest economies, reduced its U.S. Treasury holdings in April, reaching an 18-year low.
With this reduction, China maintains its position as the third-largest foreign holder of US debt, falling behind Japan and the U.K.
Nonetheless, China opposed international market trends, as other holders increased their ownership of U.S Treasuries during the same period. The total U.S. debt held by foreign actors grew to $9.35 trillion, the second-highest number recorded.
The milestone was supported by increased demand from countries like Japan, which held $1.21 trillion in April, and the U.K., which held $937.5 billion in the same period.
