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The World’s Largest Buyer of U.S. Debt Isn’t Going Away

WSJ Original article ›
LyrArc Article Gist
The largest holder of America's debt is not China. It is Japan with holdings by banks, insurers and pension funds of $1.1 trillion of US debt. This is important with the growing borrowing of the US government to fund infrastructure and clean energy, services. This investment is growing after slowing during the pandemic. Much of it is done not for earnings gains but with hedging in financial markets to reduce exchange rate risk.



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