Foreign holdings of U.S. Treasury debt up in June
The total foreign holdings rose to a record high of $6.013 trillion in June, compared with $5.977 trillion in May, the department said in the Treasury International Capital report.
China, the largest foreign buyer of the Treasury debt, cut its holdings by $2.5 billion to $1.2684 trillion, while Japan, the second largest, reduced 600 million to $1.2195 trillion, the report showed.
Belgium, the No. 3 investor, bought $1.7 billion of Treasury bills to $364.1 billion. Russia increased its holdings by $2.5 billion to 113.9 billion. ■