9°c A few clouds
19°c Sunny
The Canadian Press - ONLINE EDITION
Foreign holdings of US Treasury debt increased to record $5.62 trillion in January
WASHINGTON - Foreign demand for U.S. Treasury securities rose to a record level in January, providing evidence that international investors remain confident in U.S. debt despite on-going budget battles in Washington.
The Treasury Department said Friday that foreign holdings of U.S. Treasury securities rose in January for a 13th straight month to a record $5.62 trillion, up 0.8 per cent from December. China, the top foreign holder, increased its holdings 3.6 per cent to $1.26 trillion. Japan, the second largest holder, boosted its investment 0.4 per cent to $1.12 trillion.
Demand kept rising as Congress and President Barack Obama kept wrangling over various budget issues. Congress did agree to temporarily lift the government's borrowing limit but no deal was reached on a plan to avert automatic spending cuts from going into effect on March 1.
More Business
- Back to Top
- Return to Business
More Business
(1 of 50 articles for this week)
First Look: Microsoft introduces an elegant Xbox with sharper Kinect, but much unknown
1:30 AM 0
Poll
Most Popular Business
- Microsoft reveals Xbox One as all-in-1 entertainment console, last of 3 major systems unveiled
- Creative industries can fuel a city's economic engine
- Manitoba Movers
- A look at how the struggling French economy compares to Germany's and Britain's
- German software firm SAP to recruit hundreds of people with autism for specialist positions
- Bridging the gap
- Ex-Ford Motors executives charged in tortures of union workers during Argentina's dictatorship
- North American markets climb on gold, energy gains and positive Fed speeches
- A closer look at the 3 new game consoles from Microsoft, Nintendo and Sony
- With Apple CEO's Senate turn, lawmakers see possible spur to action on fixing US tax code
- Mounties say crooks passing fake polymer bank notes in British Columbia
- Holiday pump jump debated
- 2 men arrested in killing of Las Vegas teen who refused to give up his iPad
- Driving downtown development
- Microsoft reveals Xbox One as all-in-1 entertainment console, last of 3 major systems unveiled
- Creative industries can fuel a city's economic engine
- Bridging the gap
- Transcona transformation
- Apple uses companies outside US to avoid paying billions in taxes, Senate inquiry finds
- Chinese court sentences entrepreneur to death in latest crackdown on underground banking
- Target opens its first Manitoba stores Tuesday
- New structure to be king of downtown?
- Transcona transformation
- Target opens Manitoba stores
- Mounties say crooks passing fake polymer bank notes in British Columbia
- Raising the rent is a good sign
- City to get a touch of glass
- Canad Inns property has personal meaning for owner
- Holiday pump jump debated
- Border-fee idea doesn't fly
- Ex-'Pegger seeks to grow local businesses
- German software firm SAP to recruit hundreds of people with autism for specialist positions
- Bridging the gap
- Creative industries can fuel a city's economic engine
- There are lots of I's in 'team'
- Tougher food-safety rules in the works: Agriculture Minister Gerry Ritz
- Boreal Forest conservation negotiations end in failure after three years
- Portage, Winnipeg law firms join forces
- Experts urge buyers to take precautions when buying used cars and trucks
- Microsoft reveals Xbox One as all-in-1 entertainment console, last of 3 major systems unveiled
- Ex-'Pegger seeks to grow local businesses
- Diversification spurs Exchange Income's growth
- Bridging the gap
- Driving downtown development
- Late deal in workplace sex-harassment case
- Transcona transformation
- More than a new boss
- There are lots of I's in 'team'
- Viterra plans $20 million capacity upgrade at four Saskatchewan grain terminals
- German software firm SAP to recruit hundreds of people with autism for specialist positions
- Transcona transformation
- New structure to be king of downtown?
- CEO, execs terminated at TCIG
- Target opens its first Manitoba stores Tuesday
- Canad Inns property has personal meaning for owner
- Winnipeg's got the REIT stuff
- Older and jobless? Resource on hand
- Winnipeg Boeing plant set to expand
- Local boy leads Great-West
- Ex-'Pegger seeks to grow local businesses
Ads by Google
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.