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China Cut U.S. Treasury Holdings Again in June

China reduced its holdings of U.S. Treasury debt for a second straight month in June while the holdings of Japan and Britain rose.

The Treasury Department says that China’s holdings fell by $24 billion to $843.7 billion, a decline of 2.7 percent.

Total foreign holdings of Treasury securities rose $45.6 billion to a total of $4 trillion, an increase of 1.2 percent. With the federal government running record deficits, the debt figures are being closely watched to see whether foreign demand keeps pace with the country’s rising need to borrow.

MARTIN CRUTSINGER, AP Economics Writer WASHINGTON

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