China, Japan Continue to Buy US Debt

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By Paul Ausick Published

The US Treasury Department has released its Treasury International Capital (TIC) report for January, and the data shows that foreigners continue to be net buyers of long-term US debt. China added $8 billion to its holdings, bringing its total to $1.16 trillion and Japan added $21 billion to bring its total holdings to $1.08 trillion.

Total buying in January reached $101 billion, up sharply from net purchases of $19.1 billion in December. Net capital in-flows totaled $18.1 billion, and includes non-market flows, short-term securities and changes in banks’ dollar holdings.

US TIC data indicates the ability of the US Treasury to finance the country’s trade deficit.

The US Treasury press release is available here.

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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