Foreign Treasury Holdings Fall as Japan and China Sell

Foreign holdings of U.S. Treasuries fell 1.5% to $9.348 trillion in March as Japan and China reduced their positions. While the United Kingdom increased its holdings, China's stash reached its lowest level since 2008 following a 14% decline since early 2025.

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Foreign holdings of United States Treasuries fell 1.5% to $9.348 trillion in March. The decline followed a record peak of $9.487 trillion in February. Year-over-year, foreign holdings remain up 3.3%.

Asian Giants Lead the Retreat

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