Japan surpasses China as largest holder of U.S. debt

April 15, 2015 9:00 PM

52 0

Japan surpasses China as largest holder of U.S. debt

Japan surpassed China in February as the largest foreign holder of U.S. Treasurys for the first time since 2008, according to Treasury International Capital data released on Wednesday.

A rising dollar, along with fatter yields in the Treasury market, compared to an effective zero-rate policy in Japan lured Japanese investors to the Treasury market, said David O’Malley, CEO of Penn Mutual Asset Management.

Read more

To category page

Loading...