Who owns largest % of US National Debt? AI answer from Google--

AI Overview

As of mid-2025, the largest holder of U.S. debt is Japan, followed by the United Kingdom and China. These foreign countries invest in U.S. Treasury securities to manage their foreign currency reserves and for stable interest income. Here's a closer look at the top foreign holders of U.S. debt, according to recent data:

1. Japan: .

Holds the most U.S. debt, with over $1.1 trillion in Treasury securities as of July 2025.

2. United Kingdom: .

Has become the second-largest holder, with over $807 billion in holdings as of April 2025.

3. China: .

Formerly the second-largest holder, China has been decreasing its holdings and now holds approximately $757 billion as of April 2025.

Why Countries Hold U.S. Debt

Reserve Management: .

Countries buy U.S. Treasury securities to hold as foreign currency reserves, which are seen as safe and stable. Exchange Rate Management: .

Holding U.S. debt can help countries manage their own currency's exchange rates.

Interest Income: .

U.S. Treasury securities offer a reliable source of interest income for investors.

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