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Japan tops China as largest non-U.S. holder of Treasuries -data

Reuters | Tokyo | Updated: 16-08-2019 01:43 IST | Created: 16-08-2019 01:40 IST
Japan tops China as largest non-U.S. holder of Treasuries -data
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Japan has overtaken China as the largest non-U.S. holder of Treasuries in June, after raising its holdings to a nearly three-year high, according to U.S. Treasury department data released on Thursday.

Japan's holdings of U.S. Treasuries rose to $1.122 trillion in June from $1.101 trillion in May. Its June holdings were the largest since October 2016.

China was the second largest owner of U.S. Treasuries with $1.112 trillion in June, compared with $1.110 trillion the previous month.

Also Read: Japan's new emperor speaks of 'deep remorse' in 1st speech marking WWII



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