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Japan, China cut back holdings of U.S. Treasuries to multiyear lows -data

·1 min read

NEW YORK, July 18 (Reuters) - Japan and China pared back holdings of U.S. Treasuries in May to multiyear lows, data from the U.S. Treasury department showed on Monday.

Japan's holdings fell to $1.212 trillion, the lowest since January 2020, when the country's stash of Treasuries was $1.211 trillion. In April, Japan's holdings were at $1.218 trillion.

China's hoard of U.S. government debt dropped as well to $980.8 billion in May, still the lowest since May 2010 when its holdings were at $843.7 billion, data showed. In April, China had $1.003 trillion in Treasuries. (Reporting by Gertrude Chavez-Dreyfuss; editing by Jonathan Oatis)