China Once Again Top U.S. Debt Holder

China returned as the United States’ largest foreign creditor in March, even as overall foreign central bank holdings of U.S. Treasuries fell, U.S. government data showed on Friday.

China held $1.261 trillion in U.S. Treasuries in March, the most since September and up from $1.224 trillion from February, the Treasury Department data showed.

Japan slipped back to No. 2 with $1.227 trillion, above $1.224 trillion in February.  Belgium, which as recently as February was the No. 3 holder of U.S. debt, saw its holdings plunge in March by $92.5 billion to $252.8 billion.