mo4ch:>Japan keeps gobbling up US debt as Russia keeps on dumping | Mo4ch News
China lost its status of top foreign holder of US debt securities in June for the first time in around two years, US Treasury Department data released on Thursday shows.Japan added $21.9 billion to its stockpile of US Treasury Bills, bringing its holdings to a total of $1.122 trillion, the highest level in more than two and a half years. Despite increasing its holdings by $2.3 billion in June to $1.112 trillion, China slipped to second place for the first time since June 2017.Tokyo held the position of America’s largest foreign creditor from January to May 2017.Also on rt.comRussia solving America's debt problem... by dumping US Treasury securities“The generally low- and negative-yielding sovereign debt market makes Treasuries comparatively more attractive than European and Japanese debt,” Benjamin Jeffery, rates strategist at BMO Capital Markets in New York, said as cited by Nikkei. He also told Bloomberg that the interest from Japanese investors signals “the globally low and neg…