According to the latest data for February 2015, the total volume of foreign credits to the US dropped by nearly one percent, to $6.16 trillion. China which had held the world’s largest US treasury portfolio reduced its holdings by 1.2 percent.
As a result, Japan which reduced its portfolio by 1.1 percent took the lead. Currently the country owns $1.2244 trillion of US government securities, nearly $700 million more than China holds.
Compared to January 2015, Russia reduced its holdings by almost $12.5 billion. The Russian portfolio of US debt now is $69.6 billion. Russia currently ranks 19th in the top list of the world’s biggest foreign creditors to the US.