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Japan surpasses China as largest holder of U.S. bonds

Yomiuri wrote on Saturday that data released by the Treasury Department on Thursday shows that Japan edged out China as the largest holder of U.S. bonds in June with $1.12 trillion worth compared with $1.11 trillion worth held by China. The paper wrote that there is a view among economists that the continued trade friction between Washington and Beijing has affected China’s purchases of U.S. bonds.

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