REPUBLIKA.CO.ID, WASHINGTON - Foreign buyers of US Treasury securities increased their holdings in January to another record high.
The Treasury Department says total foreign holdings rose to 5.83 trillion USD OR up 0.5 percent from December when holdings had risen 1.5 percent to 5.80 trillion USD, the previous record.
China, the largest foreign buyer of Treasury debt, increased its holdings by 0.3 percent to 1.27 USD trillion after they had fallen 3.5 percent in December. Japan, the second-largest buyer, increased its holdings 1.6 percent to 1.2 trillion USD.
The government initially released a report that showed total holdings declining in January, but a few hours later released a corrected version with changes to the overall and individual country figures. Foreign demand for US Treasury securities is expected to remain strong this year.
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