China's holdings of US Treasuries just fell to $590.7 billion, the lowest since 2008
Beijing cut another $27.3 billion in August alone, per new US Treasury TIC dataChina is now down 55% from its $1.32 trillion peak in November 2013Japan, still the largest holder, cut $35.6 billion to $1.068 trillion, its lowest since December 2024Meanwhile the UK climbed to $1.01 trillion and now sits just $58.8 billion behind Japan for the top spotTotal foreign holdings still rose $83 billion to $9.33 trillion, the 6th-highest on record, led by Canada adding $38 billionThe buyers of US debt are quietly changing. China and Japan are stepping back while London, Canada and offshore financial centers fill the gap, and with deficits running hot, who keeps showing up at Treasury auctions matters more than ever for yieldsSource: StockMarket.News
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