TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Foreign holdings of U.S. debt hit record in November

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

By The Associated Press
Thursday, Jan. 17, 2013, 12:01 a.m.
 

Foreign demand for Treasury securities rose to a record level in November, further evidence that overseas investors remained confident in U.S. debt despite looming budget battles in Washington.

The Treasury Department says foreign holdings of Treasurys rose 0.6 percent in November from October to $5.56 trillion. It was the 11th consecutive monthly gain.

China, the top foreign holder, increased its portfolio by $200 million to $1.17 trillion. Japan, the second-largest holder, boosted its investments by $900 million to $1.13 trillion.

Demand kept rising even as Congress neared a deadline to raise its $16.4 trillion borrowing limit.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Stories

  1. Plum students protest orders to keep mum about sex cases
  2. Coach Johnston trying to figure out why Penguins ‘fell off a cliff’
  3. Injured Penguins optimistic about returning next season
  4. Crosby, Malkin want to remain in Pittsburgh
  5. Pirates notebook: Wainwright injury doesn’t sway Hurdle on DH
  6. Behind starter Liriano, Pirates complete sweep of Diamondbacks
  7. Washington’s Shelton grows into big role, looks forward to draft
  8. McKees Rocks council president arrested after SWAT standoff
  9. Counselors available at Hempfield after crash kills student
  10. Oak Ridge couple transforms 1820 house into quaint bed and breakfast
  11. Forbes Avenue jeweler’s embedded sidewalk sign safely slides out to make way for Pittsburgh Playhouse project