Treasurys: Time Japan and Bills Notes

treasurys: Meanwhile, China's ownership rose for the first time in four months to 1.11 trillion, up by 2.3 billion. ; The last time Japan held the position as America's largest foreign creditor was May 2017, according to The Japan Times. From January to May 2017, Japan held more Treasurys than China, data showed. Holdings of U.S. bonds, bills and notes were increased by 21.9 billion to 1.12 trillion, the highest level in more than 2 years, according to data released by the Treasury Department on Thursday. The nation has added more than 100 billion worth of Treasurys at a fairly steady pace since October 2018. The steepening of the yield curve when rates on long-term bonds are higher than short-term notes in June made currency hedging costs a bit less onerous for foreign buyers, he added. The generally low- and negative-yielding sovereign debt market makes Treasurys comparatively more attractive than European and Japanese debt, said Benjamin Jeffery, rates strategist at BMO Capital Markets in New York. (news.financializer.com). As reported in the news.