China holdings of U.S. debt fall below $1 trillion for the first time since 2010
2022-07-19 08:50:39 source：CNBC
July 18, 2022
China's holdings of U.S. debt have fallen below $1 trillion for the first time in 12 years amid rising interest rates that have made Treasurys potentially less attractive.
Continuing a trend that began early in 2021, China’s portfolio of U.S. government debt in May dropped to $980.8 billion, according to Treasury Department data released Monday. That’s a decline of nearly $23 billion from April and down nearly $100 billion, or 9%, from the year-earlier month.
It also marked the first time since May 2010 that China’s holdings fell below the $1 trillion mark. Japan is now the leading holder of U.S. debt with $1.2 trillion.
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https://www.cnbc.com/2022/07/18/china-holdings-of-us-debt-fall-below-1-trillion-for-the-first-time-since-2010.html