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Strategies & Market Trends : Currents of Currency
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From: Ahda2/15/2011 9:47:29 AM
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China reduces US debt holdings in DecemberChina lowers holdings of US debt to $892B; overall foreign holdings rise

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..On Tuesday February 15, 2011, 9:15 am WASHINGTON (AP) -- China, the biggest buyer of U.S. Treasury securities, reduced its holdings in December for the second straight month
The Treasury Department says China's holdings of Treasury debt dropped 0.4 percent to $892 billion. The declines follow four months of increases.
Overall, foreign holdings of Treasury securities rose 0.6 percent $4.37 trillion. That suggests overseas governments and private investors are still willing to buy U.S. government debt.
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