China's US Treasury Holdings Edged Up for Third Straight Month in February
Xu Wei
/SOURCE : yicai
China's US Treasury Holdings Edged Up for Third Straight Month in February

(Yicai Global) April 16 -- China's holdings of US Treasury bonds rose USD4.2 billion to USD1.13 trillion in February from January, marking the third consecutive monthly gain, official data shows.

China remained the largest foreign holder of US Treasuries in February, according to figures released by the US Department of the Treasury.

The country began to hike its holdings in December after cuts running from July to November. It added USD2.1 billion in December and another USD3.1 billion in January. 

There was a USD61.4 billion net reduction in China's holdings for the whole of last year. 

Japan remains the second-largest foreign holder of US Treasuries and added to them for a fourth straight month. They increased by USD2.2 billion in February to reach USD1.07 trillion, setting a 12-month high.  

Editor: William Clegg

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Keywords: US , T-bonds