Foreign holdings of U.S. Treasuries declined in March from the record levels seen a month earlier, reflecting reduced exposure from major overseas investors such as Japan and China, according to data released by the U.S. Treasury Department on Monday, as per a news report by Reuters.
Total foreign-owned U.S. Treasury holdings fell 1.5% to $9.348 trillion in March from an all-time high of $9.487 trillion in February. Despite the monthly decline, foreign holdings were still 3.3% higher compared with the same period a year ago.