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.