China, the top buyer of U.S. Treasury securities, cut its holding in June, the latest data from the U.S. Treasury Department showed on Monday.
China shed its treasuries holding by 3.2 billion U.S. dollars in June, with the total holding at 1.2408 trillion dollars. The country added 1.2 billion dollars of U.S. treasuries in May, but cut the holding in April and March.
Japan, the second largest foreign holder of U.S. treasuries, increased its holding by 14.5 billion dollars to 1.1477 trillion dollars in June.
By the end of June, overall foreign holdings of U.S. Treasury securities increased to 6.281 trillion dollars from May's 6.2099 trillion dollars.
