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Highlights (lowlights):
The 'surge' from Europe due to PIIGS issues seems to have stopped.
Net foreign holdings dropped $3.9 billion despite ongoing heroic efforts by Japan (+22 billion). The UK was a notable seller (-13.2 billion), joined by China (-14.2), Switzerland (-14.4), Russia (-2.5), and India (-1)
YTD China has sold (-26 billion) as have Russia (-58.9), Hong Kong (-23.5), Luxembourg (-14.1), Singapore (-9.2), and India (-5), balanced by the big purchasers UK (138), Japan (96.7) out of a net +220.7 billion in US Treasuries sold.
This 220.7 billion compares with the 2011 federal deficit of $1.3 trillion (full year estimated) and the US trade deficit of $465 billion (through October 2011)
The 'surge' from Europe due to PIIGS issues seems to have stopped.
Net foreign holdings dropped $3.9 billion despite ongoing heroic efforts by Japan (+22 billion). The UK was a notable seller (-13.2 billion), joined by China (-14.2), Switzerland (-14.4), Russia (-2.5), and India (-1)
YTD China has sold (-26 billion) as have Russia (-58.9), Hong Kong (-23.5), Luxembourg (-14.1), Singapore (-9.2), and India (-5), balanced by the big purchasers UK (138), Japan (96.7) out of a net +220.7 billion in US Treasuries sold.
This 220.7 billion compares with the 2011 federal deficit of $1.3 trillion (full year estimated) and the US trade deficit of $465 billion (through October 2011)
| MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES | |||||||||||||||
| Oct | Sep | Month | Aug | Jul | Jun | May | Apr | Mar | Feb | Jan | 2011 | Dec | Nov | Oct | |
| Country | 2011 | 2011 | Change | 2011 | 2011 | 2011 | 2011 | 2011 | 2011 | 2011 | 2011 | YTD | 2010 | 2010 | 2010 |
| China, Mainland | 1134.1 | 1148.3 | -14.2 | 1137 | 1173.5 | 1165.5 | 1159.8 | 1152.5 | 1144.9 | 1154.1 | 1154.7 | -26 | 1160.1 | 1164.1 | 1175.3 |
| Japan | 979 | 956.8 | 22.2 | 936.6 | 914.8 | 911 | 912.4 | 906.9 | 907.9 | 890.3 | 885.9 | 96.7 | 882.3 | 875.9 | 873.6 |
| United Kingdom 2/ | 408.4 | 421.6 | -13.2 | 397.2 | 353.4 | 347.8 | 345.1 | 332.5 | 324.6 | 295.7 | 278.1 | 138 | 270.4 | 242.5 | 209 |
| Oil Exporters 3/ | 226.2 | 229.9 | -3.7 | 236.3 | 234.4 | 229.7 | 230 | 221.5 | 222.3 | 218.8 | 215.5 | 14.3 | 211.9 | 204.3 | 207.8 |
| Brazil | 209.1 | 206.2 | 2.9 | 210 | 210 | 207.1 | 211.4 | 206.9 | 193.5 | 194.3 | 197.6 | 23 | 186.1 | 189.8 | 183 |
| Carib Bnkng Ctrs 4/ | 175.2 | 172.9 | 2.3 | 161.2 | 128.7 | 145.5 | 152.6 | 139.8 | 155.2 | 169.8 | 166.9 | 6.8 | 168.4 | 158.8 | 146.3 |
| Taiwan | 150.1 | 149.3 | 0.8 | 150.3 | 154.3 | 153.4 | 153.4 | 154.5 | 156.1 | 155.9 | 157.2 | -5 | 155.1 | 154.4 | 154.5 |
| Switzerland | 131.7 | 146.1 | -14.4 | 147.5 | 108.4 | 108 | 108 | 106.1 | 109.7 | 109.6 | 107.4 | 24.9 | 106.8 | 106.8 | 107.6 |
| Hong Kong | 110.7 | 109 | 1.7 | 107.9 | 111.9 | 118.4 | 122 | 122.4 | 122.1 | 124.6 | 128.1 | -23.5 | 134.2 | 134.9 | 135.2 |
| Russia | 92.1 | 94.6 | -2.5 | 97.1 | 100.7 | 110.7 | 115.2 | 125.4 | 127.8 | 130.5 | 139.3 | -58.9 | 151 | 167.3 | 176.3 |
| Canada | 81.8 | 84.8 | -3 | 82.6 | 83.5 | 81.4 | 87.8 | 85 | 90.3 | 90 | 84.3 | 6.5 | 75.3 | 75.6 | 66.1 |
| Luxembourg | 72.3 | 73.7 | -1.4 | 62 | 61.4 | 69 | 68.1 | 78.4 | 81.1 | 81 | 83 | -14.1 | 86.4 | 81.9 | 78.5 |
| Singapore | 63.7 | 63.5 | 0.2 | 58.3 | 63 | 61.7 | 57.5 | 60.3 | 55.7 | 66.7 | 57.8 | -9.2 | 72.9 | 62.2 | 66.4 |
| Germany | 60.9 | 58.9 | 2 | 60.2 | 61.2 | 62 | 61.2 | 61.3 | 59.8 | 58.3 | 61.1 | 0.4 | 60.5 | 58.6 | 58.2 |
| Thailand | 55.9 | 55 | 0.9 | 54.5 | 65.2 | 62.6 | 59.8 | 60.7 | 57.1 | 57.6 | 56.5 | 3.9 | 52 | 52.2 | 52.7 |
| France | 48 | 43.9 | 4.1 | 29 | 22.5 | 22.4 | 23.6 | 20.3 | 17.7 | 30.2 | 30.2 | 33 | 15 | 20.1 | 23.5 |
| Turkey | 39.7 | 39.9 | -0.2 | 39.2 | 41.9 | 41.9 | 39.3 | 37.9 | 36.2 | 34.3 | 32.9 | 10.8 | 28.9 | 29.1 | 27.8 |
| Ireland | 37.9 | 34 | 3.9 | 33.6 | 34.3 | 36.1 | 33.5 | 40.2 | 44 | 42 | 44.4 | -7.9 | 45.8 | 50 | 48.9 |
| Korea, South | 37.8 | 33.6 | 4.2 | 32.4 | 29.4 | 29.9 | 32.5 | 30.8 | 32.5 | 31.2 | 31.9 | 1.6 | 36.2 | 39.8 | 39.4 |
| Belgium | 36.1 | 35.8 | 0.3 | 31.8 | 31.3 | 33.6 | 31.4 | 31.6 | 32.2 | 32 | 32.1 | 2.9 | 33.2 | 33.4 | 33.4 |
| India | 35.5 | 36.5 | -1 | 37.7 | 37.9 | 38.9 | 41 | 42.1 | 39.8 | 40.3 | 40.6 | -5 | 40.5 | 39.7 | 40.1 |
| Mexico | 26.8 | 27.1 | -0.3 | 28 | 29.1 | 29.2 | 27.7 | 26.7 | 28.1 | 34.6 | 34.4 | -6.8 | 33.6 | 32.6 | 34.8 |
| Poland | 26.1 | 27.1 | -1 | 28.7 | 29.3 | 28.5 | 27.9 | 27.4 | 28.4 | 27.3 | 26.3 | 0.6 | 25.5 | 27.2 | 28.8 |
| Philippines | 25.5 | 25.5 | 0 | 25.1 | 25.1 | 22.7 | 23.8 | 24.1 | 23.4 | 22.7 | 22.8 | 5.4 | 20.1 | 19.2 | 18.5 |
| Italy | 24.2 | 24.4 | -0.2 | 23.7 | 24.3 | 23.7 | 25.4 | 24.8 | 24.2 | 24.3 | 24.6 | 0.5 | 23.7 | 23.6 | 23.7 |
| Netherlands | 22.5 | 23.4 | -0.9 | 22.6 | 23.2 | 23.5 | 23.7 | 23.6 | 25.1 | 24.9 | 25.4 | -0.2 | 22.7 | 22.1 | 22 |
| Colombia | 21.7 | 21.3 | 0.4 | 21 | 20 | 20.1 | 19.9 | 19.8 | 20.2 | 20.1 | 19.8 | 1.5 | 20.2 | 20.3 | 16.7 |
| Sweden | 21.5 | 21.6 | -0.1 | 21.3 | 21.3 | 21.3 | 20.9 | 21.4 | 21.3 | 17.7 | 17 | 4.7 | 16.8 | 15.2 | 16.1 |
| Chile | 20.7 | 18.8 | 1.9 | 19.4 | 18 | 18.4 | 18.9 | 18.6 | 16.7 | 16 | 15 | 6.8 | 13.9 | 13.4 | 13.4 |
| Norway | 19.9 | 22.6 | -2.7 | 22 | 17.6 | 20.4 | 21.1 | 21.1 | 21.4 | 20.8 | 19.4 | 0.3 | 19.6 | 19 | 18 |
| Australia | 14.7 | 13.4 | 1.3 | 11.6 | 13.1 | 13.9 | 12.3 | 13.1 | 10.3 | 12.6 | 14.7 | -0.2 | 14.9 | 14.9 | 15.7 |
| Israel | 14.7 | 15.7 | -1 | 18.3 | 17.2 | 18.3 | 19.1 | 19.3 | 18.9 | 19.8 | 19.9 | -5.9 | 20.6 | 20.5 | 17.9 |
| Malaysia | 14.4 | 13.7 | 0.7 | 13.4 | 13.3 | 12 | 12.7 | 12.2 | 11.2 | 11.3 | 11.3 | 2.9 | 11.5 | 11.7 | 11.6 |
| All Other | 217.3 | 211.5 | 5.8 | 214.9 | 210.9 | 212.1 | 215.8 | 218.7 | 216.3 | 212.7 | 215.4 | -1.9 | 219.2 | 230.5 | 232.1 |
| Grand Total | 4656.3 | 4660.2 | -3.9 | 4572.6 | 4484.3 | 4500.8 | 4514.8 | 4487.9 | 4476.1 | 4472 | 4451.4 | 220.7 | 4435.6 | 4411.4 | 4373.1 |
| Of which: | |||||||||||||||
| For. Official | 3239.8 | 3261.8 | -22 | 3245 | 3237.6 | 3239.2 | 3240.9 | 3217.8 | 3182.9 | 3193 | 3184 | 50.5 | 3189.3 | 3212.4 | 3227.9 |
| Treasury Bills | 374.6 | 387.3 | -12.7 | 409.2 | 392.3 | 407.7 | 423.2 | 421.7 | 414.9 | 432.4 | 438.9 | -87.7 | 462.3 | 499.2 | 531.3 |
| T-Bonds & Notes | 2865.2 | 2874.5 | -9.3 | 2835.7 | 2845.3 | 2831.4 | 2817.7 | 2796.1 | 2768 | 2760.6 | 2745.1 | 138.2 | 2727 | 2713.2 | 2696.6 |