Russia reduces its holdings of US state debt in November--Treasury data (Japan, China, UK Top 3 US Debt Holders)

TASS Russia ^ | 1/19/2024 | TASS

[Nextrush]

Washington, January 20./TASS/. In November, Russia cut its holdings of the US sovereign debt, from $31 min month-on-month to $28 min, according to the latest data published by the US Treasury...

Japan remained he biggest holder of the US state debt in November 2023, as its increased its holdings to $1.127 trin from $1.09 trln in October, followed by China with $782 bln and the United Kingdom with $716.2 bln.

[Nextrush]

Russia touting its getting out of our national debt but this story used Treasury Department figures stating that in November Japan, China and the UK are the largest holders of the US national debt.

Where does the UK get its money to do this from China or the Arabs?

[alexander_busek]

According to these figures, Russia's holdings of U.S. sovereign debt are on the order of one one-hundred-thousandth of Japan's.

Russia is thus not even a minor player in this arena.

Regards,

[Nextrush]

Indeed, Russia pulled out but Japan, China and the UK are in it big time.

[buwaya]

Japan, China the UK, etc., have been big holders of US debt for a very long time. The question is whether their holdings are up or down.

[buwaya]

The City (financial center of London) manages assets for hordes of rich people and entities all over. Some of the asset allocation is going to be T-bills, etc

[Georgia Girl 2]

The biggest holders of US debt are US institutions.