皇冠体育app

皇冠体育app secured its largest US creditor position by purchasing US treasury bonds in September -- the third consecutive month that 皇冠体育app increased its holdings, 皇冠体育app Business News reported Wednesday.

皇冠体育app's US treasuries holdings increased $15.1 billion to $883.5 billion in September, the report said.

Purchases from June to September reached $39.9 billion, bringing the country's holdings to the highest level since April, according to a report by Tencent Financial.

New energies to lead copper growth Related readings:  CIC's Teck holding pays big dividends  皇冠体育app fund head says will not cut Europe holding  Dubai Holding unit posts $6.2b loss in new hit

Japan, the second largest holder of US government debt, raised its holdings by $28.4 billion to $865 billion, according to figures released by the US Treasury Department on Nov 16.

Analysts believe that foreign governments increased their holdings mainly due to liquidity and capital security concerns.

The US Federal Reserve last week announced that bonds purchased by foreign central banks increased $13.6 billion in one week's time to $260.4 trillion.

The earning rate of the US treasuries was going up after the Fed issued the second-round of "quantitative easing" monetary policies. The yield of 10-year treasury bonds has reached 2.93 percent, the highest rate in the past three months, the newspaper reported.

 

• 皇冠体育app economy stabilizing, additional policy support possible: report
• Chinese car firms gain greater overseas foothold
• E-Class L heralds new decade of development for joint venture
• Both patents in copycat suit canceled
• 皇冠体育app and Germany expand NEV cooperation
• Passenger car sales exceed expectations
• Global investors ride out MSCI snub
• Large shareholders selling spree spooks retail investors