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Only Federal Reserve Owns More U.S. Federal Debt ($2.5T) Than China ($1.2T)

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CNS News
November 9, 2017

Only the Federal Reserve owns more U.S. federal government debt than entities in the People’s Republic of China, according to the latest data released by the Treasury and the Federal Reserve.

As of the end of August, according to the Treasury, entities in Mainland China owned $1,200,500,000,000 in U.S. Treasury securities.

The only other nation that came close to that was Japan. Entities located there owned $1,101,700,000,000 in U.S. Treasury securities as of the end of August.

Ireland was a distant third, with entities there owning $307,200,000,000 in U.S. Treasury securities.

But the Federal Reserve here in the United States owned far more in U.S. government debt than entities located in any foreign land.

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This article was posted: Thursday, November 9, 2017 at 8:11 am





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