TribLIVE

| Business


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

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

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.

 

 
 


Show commenting policy

Most-Read Stories

  1. Liberian families in Western Pa. fret over Ebola virus outbreak
  2. Steelers’ Blake prefers secondary job
  3. Greensburg Central Catholic graduate returns as staffer
  4. Eastern Derry VFD closes
  5. Rivals try to block Uber, Lyft in Pittsburgh
  6. Power receiver’s goals have special ring
  7. Spill closes Mon/Fayette Expressway
  8. Fabregas: Physicians embrace fist bump over handshake in hospital
  9. More charges filed against Monessen marijuana growers
  10. Rise in pickup truck sales a good sign for economy
  11. Wiz Khalifa gets fans fired up for new album in First Niagara show
Subscribe today! Click here for our subscription offers.