Foreign holdings of US Treasuries fall in June

Foreign holdings of U.S. Treasuries slid in June, data from the Treasury Department showed on Monday, led ​by declines in holdings from Japan, the UK and ‌China.

Holdings of U.S. Treasuries slipped to $9.299 trillion in June from $9.371 trillion in the previous month. But compared with a year earlier, Treasuries owned by ​foreigners were up 2.3%.

Here are some details:

* Japan holdings fell ​to $1.116 trillion in June, down 2.3%, from May's level ⁠of $1.143 trillion. It remained the biggest non-U.S. holder of U.S. ​Treasuries, with holdings hitting a peak of $1.325 trillion in November ​2021.

* The United Kingdom, the second-largest foreign holder of Treasuries, showed a 1% decline in holdings to $939.9 billion in June from $948.6 billion the previous month. ​The UK is widely viewed as a major custody hub ​for global investors and its flows are often seen as a proxy for ‌hedge ⁠fund positioning.

* China's stash of Treasuries dropped 4% to $633.4 billion in June from $659.3 billion in May. China's holdings in June were the lowest since September 2008, when holdings tumbled to $618.2 billion.

* China ​is still the ​third-largest non-U.S. ⁠holder of Treasuries. Its June holdings have declined by more than 13% on a year-on-year basis.

* ​On a transaction basis, June saw Treasury inflows ​of $6.8 billion, ⁠down from $56.6 billion in May.

* U.S. corporate bonds posted inflows of $35.6 billion in June, down from $52.5 billion the previous month.

* U.S. equities ⁠also ​tracked inflows of $181.4 billion in June, ​up from $134.6 billion in February.

* Overall net capital inflows for June were $133.5 billion, compared ​with $131.5 billion in May.

-Reuters