China's holdings - the most behind Japan's - fell by US$7.6 billion (HK$59.28 billion) to US$767.4 billion. Starting with the February report, the Treasury began including details about how much the changes in a nation's long-term Treasuries holdings were due to movements in prices of the securities. Total overseas holdings of US Treasuries rose by US$119.9 billion to US$8.09 trillion in March. Japan's holdings rose by US$19.9 billion to US$1.19 trillion while the UK's holdings, the third largest, increased by US$26.8 billion to US$728.1 billion, an all-time high. Benchmark 10-year Treasury yields fell by about five basis points in the month.

Source: The Standard May 17, 2024 07:08 UTC