Japan surpasses China as the largest foreign holder of US Treasurys
A Japanese flag flies on top of Bank of Japan (BOJ) headquarters in Tokyo, Japan
Yuriko Nakao | Bloomberg | Getty Images
Japan surpassed China as the largest foreign holder of US government securities in June.
Japan has added around $ 21 billion since May, making it the largest share since October 2016. Japan now owns $ 1.12 trillion Treasurys, and China has $ 1.11 trillion, up $ 2 billion from the previous month, according to data from the US Treasury Department.
China has been a less aggressive buyer of US government debt, and market participants have speculated that an action it can do in the trade war with the US is to make US stocks easier. But there are no signs happening, according to traders.
The United Kingdom is the third largest holder with $ 342.3 billion, up from $ 323.1[ads1] billion a month earlier.
