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 Japanese treasury holdings drop to lowest since 2013

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PostSubject: Japanese treasury holdings drop to lowest since 2013   Tue Aug 18, 2015 9:19 am

Japanese treasury holdings drop to lowest since 2013
Tue, Aug 18 2015, 10:59 GMT


FXStreet (Mumbai) - The latest data from the Treasury Department released on Monday showed Japan cut its treasury holdings to the lowest level since 2013 in June, while China’s holdings of the treasuries rose for the fourth straight month in June.

Japan reduced its holdings by USD 17.8 billion to USD 1.2 trillion in June, the lowest level since 2013 and a third monthly drop. Meanwhile, China's holdings of Treasuries rose about USD 900 million to USD 1.27 trillion in June.

The data also showed overall foreign holdings of US Treasury securities rebounded to USD 6.17 trillion in June after falling for two months.

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