China Dumps More US Debt as Foreign Holdings Hit Record High

Japan is still the largest holder, while Belgium was the top buyer in February.

Dollars are counted next to stacks of 100 yuan (RMB) bank notes at a bank in Huaibei, China, on Sept. 24, 2013. STR/AFP via Getty Images

Foreign holdings of U.S. debt rose to an all-time high in February, representing the fifth consecutive monthly increase, new Treasury Department data revealed on April 17. However, as global investors scooped up U.S. government bonds, China trimmed its exposure to dollar-denominated assets.

In total, foreign holdings were $7.965 trillion, up from $7.945 trillion in January. U.S. debt owned by foreigners also advanced by nearly 9 percent from the same time a year ago.