Foreign buyers of U.S. Treasury securities trimmed their holdings slightly in September after hitting a record in the previous month.
The Treasury Department says in its monthly report that foreign holdings dipped 0.1 per cent to $6.06 trillion in September after hitting an all-time high of $6.07 trillion in August.
China, the top foreign buyer of U.S. Treasury debt, trimmed its holdings by 0.3 per cent to $1.27 trillion in September. Japan, the No. 2 buyer, reduced its holdings by 0.7 per cent to $1.22 trillion.
Foreign governments through their central banks are big holders of U.S. Treasury debt, which is viewed as one of the world's safest investments. In September, foreign governments cut their holdings by 0.4 per cent to $4.14 trillion.
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