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Foreign holdings of U.S. Treasury debt increase

Published April 15, 2014 9:29 am

This is an archived article that was published on sltrib.com in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Washington • Foreign buyers of U.S. Treasury securities increased their holdings in February to another record high.

The Treasury Department says total foreign holdings rose 0.8 percent to $5.89 trillion, up from $5.84 trillion in January.

China, the largest foreign buyer of Treasury debt, reduced its holdings a slight 0.2 percent, to $1.27 trillion. Japan, the second-largest buyer, boosted its holdings 0.8 percent, to $1.21 trillion.

Foreign demand for U.S. Treasury securities is expected to remain strong this year, aided by more borrowing certainty with a congressional agreement to suspend the debt limit until March 2015.