“But what happens if their appetite wanes? Both China and Japan -- the biggest foreign owners of Treasuries -- have pared their holdings from the record levels of recent years. And with the U.S. looking at bigger budget deficits, not smaller, a drop in demand for its bonds could be particularly ill-timed. … 1. Have foreigners ever owned this much U.S. debt? No. Nor has the U.S. ever owed so much. …”
Read the full article on: Bloomberg