Kathmandu. The US is the world’s largest economy and despite its huge debt, there is trust from countries around the world. Foreign holdings in US Treasuries increased by $83 billion to $9.33 trillion in August. This is the sixth highest ever.
Canada, Belgium, and the United Kingdom have significantly increased their holdings in U.S. Treasuries during this period. On the other hand, Japan and China have reduced their holdings.
Canada has contributed the most to the increase in foreign holdings in the U.S. Treasury in August. Its holdings have increased by $38 billion to $465 billion. This is the fourth highest ever. Belgium has followed. Its holdings have increased by $20 billion to $491 billion.
Britain is the second-largest holder of the US Treasury. It increased its holdings by $11 billion to $1.01 trillion in August.
Meanwhile, Japan, the largest foreign holder, has reduced its holdings in U.S. Treasuries by $36 billion to $1.07 trillion. That’s the lowest level since November 2024.
China, the third-largest holder of U.S. Treasuries, reduced its holdings by $27 billion to $591 billion in August. This is the lowest level since August 2008.
Foreign holdings in U.S. Treasuries have been rising, despite continued sell-offs from Japan and China.
The U.S. debt has exceeded $40.3 trillion. It has grown rapidly over the past few decades. In 1990, it was $3.2 trillion and in 1995 it reached $500 billion. Over the next five years, the pace slowed a bit. In 2000, it reached $5.7 trillion.
In 2010, it reached $13.6 trillion and in 2015, it reached $18.2 trillion. It was $2.7 trillion in 2020 and $38.5 trillion in 2025. – Agency
