(Reuters) – Foreign holdings of U.S. Treasuries rose to a record high in May, exceeding the previous record in March, data from the Treasury Department showed on Thursday.
Holdings of U.S. Treasuries rose to $8.129 trillion in May from a revised $8.04 trillion in April.
Japan’s stash of Treasuries shrank to $1.128 trillion from $1.15 trillion in April. Japan remains the largest foreign holder of U.S. Treasury securities. China, which is No. 2, saw its holdings fall to $768 billion from $771 billion in April.