Overseas holdings of US Treasuries dipped in October as China sold down some of its stockpile while countries including Japan and the UK saw increases on the month.
Total foreign holdings declined by $5.8 billion, to $9.24 trillion, Treasury Department data showed on Thursday. The figure represents both net sales and valuation changes. A Bloomberg index of the US Treasury market showed a third straight monthly advance for October.
China’s stockpile of Treasuries, the third largest, dropped by $11.8 billion in October from the previous month, to $688.7 billion — the lowest level since 2008. Belgium, whose holdings include ...
