China, Japan Reduce Their Holdings of US Treasuries in April - Forex News by FX Leaders

China, Japan Reduce Their Holdings of US Treasuries in April

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

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

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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