China, Japan Reduce Their Holdings of US Treasuries in April

China's holdings of US Treasury bonds and notes fell to the lowest level since May 2017 during April this year.

Written by: Arslan Butt • Tuesday, June 18, 2019 • 1 min read

• Last updated: Tuesday, June 18, 2019

According to the US Treasury Department, China’s holdings of US Treasury bonds and notes fell to the lowest level since May 2017 during April this year. This data hints at possible further straining of trade ties between US and China.

In April, China’s holding of US government bonds touched $1.113 trillion, declining for the second consecutive month from $1.20 trillion in March. During the same period, Japan also reduced its holdings of US Treasuries in April to $1.064 trillion from $.1078 trillion in the previous month.

Despite the decline in figures, China continues to remain the largest non-US holder of US Treasuries, with Japan following as the second-largest holder worldwide.

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.