The Financial Times Chinese website reported that according to the monthly data released by the US Treasury Department on Tuesday, China sold US$ 36.5 billion in US Treasury bonds in August 211, thus reducing the total holdings of China to US$ 1.137 trillion, the lowest in a year.

It is reported that China sold US$ 36.5 billion of US Treasury bonds in that month, of which the sale of longer-term treasury bonds reached US$ 4 billion, thus reducing the total holdings of China to US$ 1.137 trillion, the lowest in a year. China is still the largest overseas holder of U.S. Treasury bonds, followed by Japan, which held a total of $936.6 billion in August, up from $914.8 billion in July.

However, the demand of foreign investors for US stocks, bonds and other financial assets soared in August, and investors were particularly keen to buy US Treasury bonds as a safe-haven investment. In early August, Standard & Poor's downgraded the credit rating of the United States by one level to AA+. However, as far as the demand for US Treasury bonds is concerned, the impact of the euro zone debt crisis and the sharp decline in global stock markets exceeds the impact of the downgrade of the US rating. Investors from Britain, Switzerland and Japan, as well as the Caribbean banking industry, which hedge funds love, bought a lot of US Treasury bonds.

Britain's total holdings of US Treasury bonds increased by $42.5 billion to $397.2 billion in August, compared with $181 billion a year ago. However, given London's status as a financial center, such flows may reflect purchases from other countries. In the past, when the U.S. Treasury revised the Tic data once a year, it drastically reduced the holdings of the United Kingdom, and at the same time significantly increased the holdings of China.

Switzerland's total holdings of U.S. treasury bonds increased by $39.1 billion to $147.5 billion in August, but this is regarded as a reflection of the Swiss central bank's efforts to depress the exchange rate of the local currency.

Tic data in August is likely to mark a peak in the purchase of US Treasury bonds. In September, after the yield of 1-year US Treasury bonds fell to 1.72%, the lowest since 1945, foreign official entities and Japanese private investors sold a considerable amount of US Treasury bonds.

the above-mentioned benchmark yield has rebounded to 2.25% in October, and according to the Federal Reserve data, foreign central banks have sold US$ 73.5 billion in US Treasury bonds since the beginning of September. Japanese private investors sold a record $29 billion in foreign bonds in the last week of September, most of which were US Treasury bonds.