China, the top buyer of U.S. Treasury securities, cut its holding for the second consecutive month in January, the latest data from the Treasury Department showed Tuesday.
China reduced its holding of the treasuries by 8.2 billion U.S. dollars to 1.2379 trillion U.S. dollars in January, following a cut of 18.4 billion U.S. dollars in the previous month.
Japan, the second largest foreign holder of U.S. treasuries, increased its holding by 0.9 billion dollars to 1.1235 trillion dollars in January.
In January, overall foreign holdings of U.S. Treasury securities rose to 6.1831 trillion U.S. dollars from 6.1481 trillion dollars in December.