- Analytics
- News and Tools
- Market News
- Foreign holdings of US Treasuries increase for second month in December
Foreign holdings of US Treasuries increase for second month in December
“US Treasuries held by foreigners increased for a second consecutive month in December as yields started to decline from their peaks, becoming more attractive to offshore investors,” per the latest report from the US Treasury Department published on Wednesday reported Reuters.
Key quotes
Foreign holdings rose $7.314 trillion in December, up from $7.268 trillion in the previous month.
Treasury holdings in December, however, were 5.5% lower from the December 2021 level of $7.740 trillion.
Still, buying in both December and November paled in comparison to selling in October and September.
Japan remained the largest non-U.S. holder of Treasuries, with $1.076 trillion in December, down slightly from $1.082 trillion in the prior month.
Data also showed holdings of China, the second biggest non-U.S. holder of Treasuries, fell to $867.1 billion in December, from $870.2 billion in November.
China's holdings were the lowest since May 2010 when it had $843.7 billion.
Data also showed foreign inflows of $54.98 billion in US stocks in November, the largest since December 2020.
Market implications
The news backs the recent run-up in the US Treasury bond yields. That said, the US 10-year Treasury bond yields stay firmer around the six-week high, which in turn favors the US Dollar and weighs on the market sentiment.
Also read: Forex Today: US Dollar strength continues amid resilient American economy
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
