Let's hope they don't want to collect, anytime soon.
— Foreign demand for U.S. Treasury securities rose to a record level in
October, a sign that overseas investors remain confident in U.S. debt
despite a potential budget crisis.
Total foreign holdings reached $5.48 trillion in October, the
Treasury Department said Monday. That’s up 0.1 percent from September.
China, the largest holder of U.S. government debt, increased its holdings slightly to $1.16 trillion.
Japan, the second-largest holder, boosted its holdings by a smaller
amount to $1.13 trillion. Brazil, the country with the third-largest
holdings, increased its total to $255.2 billion.
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