Two major U.S. “debtors” run counter to each other, with Japan reducing its holdings and China increasing its holdings.
Hawk News
2024-08-16 17:21:15
2.28W
Share to:
Collect
Hot List Ranking
- US House passes bill targeting China! White House opposes!Hawk News
- Canada proposes tariffs on Chinese electric cars!Hawk News
- China's Meal Waste Grease is being madly snatched up by the US!Hawk News
- First time in 4 years! Fed announces rate cut! 50 basis points cutHawk News
- Countering the United States! Freeze property in ChinaHawk News
Local time on August 15, the U.S. Treasury Department released data showing that in June 2024, the top three overseas debtors of U.S. debt, Japan, China and the United Kingdom holdings diverged: Japan reduced its holdings, China and the United Kingdom to increase their holdings.
The U.S. Treasury Department's June 2024 International Capital Flows Report ((TIC) shows that Japan reduced its holdings of U.S. Treasuries by $10.6 billion in June, with a position of $1,117.7 billion, still the first day of U.S. debtors.
As the second largest overseas debtor of U.S. Treasury bonds, China reduced its holdings of U.S. debt by $18.6 billion in January 2024, and opened the “three consecutive declines in the same year in February and March, respectively, reduced holdings of $22.7 billion, $7.6 billion in U.S. debt, in April, it was an increase of 3.3 billion U.S. dollars in U.S. debt, for 2024 for the first time to increase the position.
·Original
Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.
Guess what you like