The total value of global investments in US Treasury bills and bonds until the end of last February rose by 1.1% to 7.714 trillion dollars, compared to 7.662 trillion dollars in the previous January.

According to a survey of US Treasury data released on Friday:

  • Japan topped the US bond holders with 1.306 trillion dollars last February, compared to 1.303 trillion dollars in January.

  • In second place, China ranked $1.055 trillion at the end of last February, compared to $1.060 trillion compared to January.

China has been the largest investor in US Treasuries for years, but it has been overtaken by Japan as of June 2019, after a trade war wrecked US-China economic relations.

  • In third place came the United Kingdom, with investments of 625.2 billion dollars last February, compared to 608.8 billion dollars in January.

  • Ireland came in a quarter with $314.8 billion compared to $308.3 billion, on a monthly basis.

  • Luxembourg came fifth with 314 billion dollars last February, compared to 310.8 billion dollars last January.