China cuts U.S. treasuries holding in JuneStaff Writer | August 18, 2016
China, the top buyer of U.S. Treasury securities, cut its holding in June, the latest data from the U.S. Treasury Department showed.
Investing in America China shed its treasuries holding by $3.2 billion
Japan, the second largest foreign holder of U.S. treasuries, increased its holding by $14.5 billion dollars to $1.1477 trillion dollars in June.
By the end of June, overall foreign holdings of U.S. Treasury securities increased to $6.281 trillion from May's $6.2099 trillion. ■