By Alden Bentley
(Reuters) – Foreign holdings of U.S. Treasuries rose 3.4% in February, data from the Treasury Department showed on Wednesday, with the two largest owners, Japan and China, each building up their U.S. debt holdings.
Total overseas holdings of U.S. Treasuries amounted to $8.817 trillion, up from $8.527 trillion in January, the monthly Treasury International Capital System report showed. Compared with a year earlier, Treasuries owned by foreigners rose $818 billion, or 10.2%.
In September, foreign-held Treasuries hit a record of about $8.688 trillion.
(Reporting by Alden Bentley; Editing by Leslie Adler)
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