US debt popular
Source: Agencies |
January 19, 2012, Thursday
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Print Edition
Print Edition
FOREIGN demand for US Treasury debt rose in November to the highest level ever, even as China trimmed its purchases for a second straight month.
The US Treasury Department yesterday said total foreign holdings increased 1.7 percent in November to US$4.75 trillion.
China, the largest foreign holder of Treasury debt, cut its stake 0.1 percent to US$1.13 trillion. Japan, the second-largest buyer, increased its holdings 6 percent to US$1.04 trillion.
The US Treasury Department yesterday said total foreign holdings increased 1.7 percent in November to US$4.75 trillion.
China, the largest foreign holder of Treasury debt, cut its stake 0.1 percent to US$1.13 trillion. Japan, the second-largest buyer, increased its holdings 6 percent to US$1.04 trillion.
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