NEW YORK (Reuters) - Foreign investors sold a record amount of U.S. Treasury bonds and notes for the month of December, according to U.S. Treasury Department data on Friday.
Foreigners sold $77.35 billion in U.S. Treasury debt in the month, after net sales of $13.2 billion in November. December’s outflow was the largest since the U.S. government agency started recording Treasury debt transactions in January 1978.
Data also showed that Chinese holdings of U.S. Treasuries increased in December, after declining for six straight months, data showed. China had $1.123 trillion in U.S. Treasuries in December, up from $1.121 trillion the previous month.
Reporting by Gertrude Chavez-Dreyfuss; editing by Diane Craft
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