State
China
Stable
01
Recent changes
- China's reported U.S. Treasury holdings declined year-over-year, but custody data suggest possible reallocation to third-country custodiansChina's reported holdings of U.S. Treasury securities fell to $590.7 billion in August 2026 from $699.7 billion a year earlier, according to U.S. Treasury data. However, holdings attributed to Belgium and Canada rose over the same period, and a former Treasury official indicated that some of China's bonds may be held through non-U.S. custodians, potentially masking the true ownership.StableMarkets1 sources · 1 primary · 2 evidence2026-10-19 20:15