Foreign Holdings of US Debt Dip Amid Treasury Market Turbulence

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Global holdings of U.S. debt declined slightly in April from their all-time high, according to new data from the Treasury International Capital report.

Foreign investors trimmed their exposure to Treasury securities by more than $36 billion to $9.013 trillion, down from the record $9.049 trillion in March.

Japan remained the top holder, adding $4 billion to its portfolio of $1.134 trillion in U.S. assets. The United Kingdom was the second-largest holder of U.S. government bonds, rising to $807.7 billion from $779.3 billion in the previous month.

China reduced its stockpiles for the second consecutive month, falling to $757.2 billion from $765.4 billion. Beijing has been on a years-long campaign to divest from U.S. Treasury bonds. Compared to a decade ago, Chinese holdings are down by approximately $800 billion.

Canada led the selloff, reducing its holdings by nearly $60 billion to a total of $368.4 billion. Singapore and Hong Kong…

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