WASHINGTON — China, the biggest buyer of U.S. Treasury securities, reduced its holdings in December for the second straight month.
The Treasury Department says China's holdings of Treasury debt dropped 0.4 percent to $892 billion. The declines follow four months of increases.
Overall, foreign holdings of Treasury securities rose 0.6 percent $4.37 trillion. That suggests overseas governments and private investors are still willing to buy U.S. government debt.
