Foreign central banks raise US debt holdings - Fed (at Reuters)

NEW YORK, July 3 (Reuters) - Foreign central banks were net buyers of U.S. Treasury debt in the latest week, boosting their overall U.S. debt holdings despite a decline in their holdings of agency securities, U.S. Federal Reserve data showed on Thursday. The Fed said its holdings of Treasury and agency debt kept for overseas central banks rose $13.24 billion in the week ended July 2, to stand at $2.347 trillion. The breakdown showed overseas central banks bought $15.40 billion in Treasury debt, putting the total at $1.377 trillion. However, foreign institutions sold securities from government-sponsored agencies like Fannie Mae... [read full story]