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Japan Reduces U.S. Treasury Holdings, Yet Remains on Top

Japan Reduces U.S. Treasury Holdings, Yet Remains on Top

(Bloomberg) -- Japan remained the top foreign holder of U.S. Treasuries in September even after reducing its government securities holdings by the most since at least 2000.

The value of Japan’s holdings of U.S. notes, bills and bonds fell by about $28.9 billion to $1.15 trillion, the Treasury Department said in a monthly data release Monday.

Japan overtook China as the largest non-U.S. holder of Treasuries in June. China’s holdings in September were little changed at about $1.1 trillion.

Total net foreign purchases of long-term securities, including government-issued debt, equities and corporate securities, were $49.5 billion.

--With assistance from Chris Middleton and Katherine Greifeld.

To contact the reporter on this story: Margaret Collins in Washington at mcollins45@bloomberg.net

To contact the editors responsible for this story: Margaret Collins at mcollins45@bloomberg.net, Vince Golle

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