Money & Finance

U.S. Treasury Department report released on the 16th, following a substantial reduction in May compared with 32.5 billion U.S. dollars of U.S. Treasury bonds after the June re-reduction of 24 billion U.S. dollars in China’s U.S. Treasury bonds. Thus, in the first half, China in March and April in addition to holdings of U.S. Treasuries, the other four months are underweight. However, China is still the largest holders of U.S. Treasury bonds.

The report shows that China’s holdings of the United States in June amounted to 843.7 billion U.S. dollars debt, down 24 billion U.S. dollars, a decline of 2.7%. May the magnitude of China’s holdings of government bonds 3.6%, for the past 12 months, significant reduction of the second, this reduction makes the total amount of China’s U.S. Treasury holdings fell to 900 billion yuan mark once again the following.

Thus, from June 2009 within a year since China holds U.S. debt holdings were experienced 7 times, 4 times overweight, have a flat. Which, in August 2009 a year for the first time China has 3.4 billion holdings of U.S. Treasury bonds. Since then, starting from November 2009 to February 2010, China for 4 months holdings of U.S. treasuries, especially in December 2009 holdings of the biggest year of 342 billion dollars, making half a year to maintain 9 100 000 000 000 holdings for the first time fell more than 9 100 000 000 000 the following.

As the second largest holder of U.S. Treasuries, Japan holds the U.S. national debt amounted to 803.6 billion U.S. dollars, increased 16.9 billion U.S. dollars last month, an increase of 2.5%. U.S. Treasury bonds held by the UK’s third-largest holder of U.S. treasury bonds in May from the total 3,500 billion U.S. dollars to 362.2 billion U.S. dollars, an increase of 3.5%. ,

For the outside world is very concerned about overweight or underweight U.S. Treasuries, the Chinese State Administration of Foreign Exchange on July 7 emphasized that the U.S. national debt is held by the investment behavior of a market, increasing or decreasing its investment in U.S. Treasury bonds are normal operation , this need not be politicized interpretation. Administration of Foreign Exchange said it will be China’s foreign exchange reserves as a “killer” or “atomic weapon” is completely unnecessary worry.

Tags: billion, Chinese, dollars, Foreign Exchange, Japan, Treasury, U.S. Treasury bonds

This entry was posted on Thursday, September 2nd, 2010 at 9:52 am and is filed under China, United States. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.