Fed Now Largest Owner of U.S. Gov’t Debt—Surpassing China | CNSnews.com

In its latest monthly report, the Federal Reserve said that as of Sept. 28, it owned $1.665 trillion in U.S. Treasury securities. That was more than double the $812 billion in U.S. Treasury securities the Fed said it owned as of Sept. 28, 2010.

Meanwhile, as of the end of this September, entities in mainland China owned $1.1483 trillion in U.S. Treasury securities, according to data published today by the U.S. Treasury Department. That was down slightly from the $1.1519 trillion in U.S. Treasury securities the Chinese owned as of the end of September 2010.

At the end of September 2010, the Chinese owned about $707 billion more in U.S. Treasury securities than the Fed owned at that time. At the end of September 2011, the Fed owned about $516.7 billion more in U.S. Treasury securities than the Chinese owned.

Fed Now Largest Owner of U.S. Gov’t Debt—Surpassing China | CNSnews.com