Foreign holdings of U.S. Treasuries rose in July, rising for a second straight month.
Total holdings of U.S. Treasuries climbed to $7.655 trillion in July, up from $7.562 trillion in the previous month. Compared from a year earlier, overseas holdings were up 2.2%. pic.twitter.com/a5F3xThaAz
Treasury Department data showed foreign holdings of US Treasuries rose for a second straight month in July to $7.655T from $7.562T in the previous month.
Japan added mildly to its holdings in July, though most of the growth came from Canada, France, Luxembourg, and Cayman…
China has been gradually selling off US government bonds. Including Hong Kong, China's holdings of US Treasuries fell from $1.098 trillion to $1.034 trillion in the first half of the year. China's foreign exchange reserves shrank by 1.4% to $3.16 trillion in August.