China and Japan Cut US Treasury Holdings as Foreign Demand Slows

Foreign investors trimmed U.S. Treasury exposure during a volatile month for global markets. 

The Federal Reserve building in Washington, D.C., in a file photo. MDart10/Shutterstock

Foreign investors reduced their holdings of U.S. government debt in March, according to data released by the U.S. Treasury Department, as rising bond yields and geopolitical uncertainty weighed on global markets.

Total foreign holdings of U.S. Treasuries fell to $9.349 trillion at the end of March from a record $9.487 trillion in February, a monthly decline of about 1.5 percent.