The figures, scheduled for release at 9 a.m. tomorrow in Washington, were inadvertently posted on the Treasury’s website. Japan’s holdings rose $12 billion to $1.186 trillion, the figures showed.
China’s swelling foreign-exchange reserves, reported today to have reached a world record $3.82 trillion at the end of December, may sustain the nation’s appetite for U.S. debt. Capital inflows and intervention to limit gains in the yuan have contributed to China building up currency holdings that are a third of the global total.
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2 comments:
The Communists own our debt and we have a Communist in the White House.
How did we get here grandpa?
no duh because the market is being manipulated and they want china to be the next economic power... Which is why they are decreasing the value of the dollar and helping back the yen... Also why all the high manufacturing jobs went to china, why do you think? because they will have a big boom soon...
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