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Foreign Holdings of US Debt Hit Record $5.48T

Posted By Adan On December 17, 2012 @ 5:53 pm In Economic Crisis,Old Infowars Posts Style | Comments Disabled

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.

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