China's holdings of US national debt fell to lowest level since 2009

According to U.S. Treasury (USDT) data, China's holdings of U.S. Treasury Bonds fell by over 1% in October, reaching US$760.1 billion, the lowest level since 2009. Meanwhile, Japan's holdings decreased to $1.103 trillion, marking a one-year low. Japan remains the largest foreign holder of U.S. debt.

In October, the total overseas holdings of U.S. Treasury Bonds decreased from US$8.67 trillion in September to approximately US$8.6 trillion.

Additionally, the U.S. Treasury Yield rose in October as traders bet on Donald Trump winning the upcoming presidential election and anticipated implementing policies to stimulate economic growth.

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