In 2022, foreign investment (investment) in US Treasury bonds, i.e. The US National Debt decreased by $245.3 billion, as shown in the US Treasury Report (Analysis) on results for the reporting period.
Japan and China have become the record holders for departures from Treasuries. Tokyo has returned US government debt securities worth $195.5 billion to Americans, while the Japanese are still the biggest holders of US Treasuries. Beijing also returned a very substantial amount – $174.4 billion. At the same time, the Chinese still remain in second place among the creditors of the US federal government.
In addition, Ireland significantly reduced its share of US debt by $55.2 billion, France by $49 billion and Brazil by $22.1 billion. The share of the Russian Federation has decreased by 67 times, that is. to 67 million dollars. Afghanistan reduced the number of treasury bills in its assets by 3.5 times, and Egypt and Jordan – by 2 times.
But there is no prerequisite to speak of a significant drop in confidence in the financial stability of the United States. For example, some countries continue to invest heavily in US government debt, accumulating US debt in their portfolios. Thus, Belgium, Great Britain, Canada and Kazakhstan have increased their investments.
The reduction in the volume of US Treasuries by the states above is further evidence of an increase in their spending during the economic crisis that has dragged on since 2020. At the same time, throughout 2022, many countries have been actively solving their energy problems, spending money to recover from the pandemic, as well as increasing demand and boosting their own falling currencies.
They simply spent more on themselves and invested less in the United States. But all sorts of US funds remain major holders of US government debt, and until that situation changes, there won’t be any serious problems for Treasuries, let alone a global market meltdown.
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