Foreign Holdings of US Debt Surge to Record High of $8.5 Trillion
Japan added billions to holdings while China reduced its exposure to U.S. government debt. Foreign holdings of U.S. Treasury securities surged to an all-time high in August, data from the Treasury Department confirmed on Oct. 17. Holdings of U.S. Treasurys increased to $8.5 trillion, up from $8.3 trillion in July and by nearly 12 percent