Canada nears China as a holder of U.S. Treasury debt
Official figures put China's recorded U.S. bond holdings at $590.7 billion in August, down from a year earlier, while Canada's reached $464.6 billion.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Canada's reported U.S. Treasury holdings reached $464.6 billion in August 2026, narrowing the gap with China. China's officially recorded holdings fell to $590.7 billion in August, down from $699.7 billion a year earlier. Recorded holdings linked to Canada and Belgium also went up over the same period.
Why it matters
Custody records point to a different picture of China's holdings than official figures alone show.
Timeline
- August 2026: Canada's reported U.S. Treasury holdings reach $464.6 billion, nearing China's total.
- August 2026: China's officially recorded holdings fall to $590.7 billion, down from $699.7 billion a year earlier.
- Oct 19, 8:15 AM ET: Treasury data released Friday confirm China's figure, which Fortune describes as the lowest level in 18 years.
Coverage
- China's Treasury Pile Is Shrinking on Paper. The Custody Data Tell a Different Story (TradingView)
- China’s officially recorded holdings of US Treasuries fell to $591 billion (ua.news)
- Canada US Treasury securities ranking: holdings reach $464.6 bn, nearing China (Beinsure)
- Canada moves closer to overtaking China as major holder of U.S. debt (Abi Sarabia M.)
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