Japan overtook China as the largest non-U.S. holder of Treasuries in June, recording its largest holdings since October 2016.<br />According to data released Thursday by the U.S. Treasury Department, Japan's holdings rose to one-point-one-two-two trillion U.S. dollars, ten billion dollars more than China's holdings.<br />This isn't the first time Japan has surpassed China as the largest non-U.S. Treasury holder.... It did so for around six months in early 2017.<br />Analysts attribute Japan's increased holdings to the fact that Treasuries are still more attractive than the debt market in Europe or Japan.<br />Other major foreign holders of U.S. Treasuries also increased their holdings on-month in June.<br />
