Foreign Holdings of US Debt Hit Record $5.48T
Christopher S. Rugaber
AP
December 17, 2012
Foreign ownership of 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 of U.S. Treasurys rose to $5.48 trillion in October, the Treasury Department said Monday. That was up 0.1 percent from September. Still, the increase of $6 billion was the weakest since total holdings fell in December 2011.
Article printed from Infowars: http://www.infowars.com
URL to article: http://www.infowars.com/foreign-holdings-of-us-debt-hit-record-5-48t/
Click here to print.