Foreign holdings of U.S. Treasuries held steady in January from the previous month, rising from levels a year earlier, data from the Treasury Department showed on Wednesday, suggesting demand for government debt in the world’s largest economy remained intact.
Holdings of U.S. Treasuries tallied at $8.526 trillion in January, unchanged from the previous month. Compared with a year earlier, Treasuries owned by foreigners rose 7.2%. In September, foreign-held Treasuries hit a record $8.679 trillion.
The benchmark 10-year Treasury yield started January at 4.575% US10Y and ended the month slightly lower at 4.567%.
Japan remained the largest non-U.S. holder of Treasuries, with holdings of $1.079 trillion in January, up nearly $20 billion from December’s holdings, data showed.
China’s pile of Treasuries, on the other hand, also increased to $760.8 billion in January, from $759 billion in December. The December holdings were the…
