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Both domestic and overseas investors buy this debt, with foreign holders of U.S. Treasuries owning a record $9.4 trillion of the total. While U.S. debt pays well due to its high yields currently, some countries, like China, have been selling their U.S. Treasury holdings.

This chart shows the countries that are the 20 largest buyers and sellers of U.S. Treasury securities from November 2024 to November 2025, based on data from the U.S. Treasury Department.



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