+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

The 19 countries that hold the most US debt

Jan 12, 2017, 12:36 IST

AP/Mauro Pimentel
AP/Mauro PimentelBrazil!

US sovereign debt is one of the safest assets in finance.

Advertisement

At least, it has been historically.

When US President-Elect Donald Trump takes office next week, he'll usher in a sharp shift in political tone as he succeeds Barack Obama.

Trump last year suggested in his election campaign that the US could negotiate with creditors and wouldn't need to pay the whole $13 trillion back.

The bond market has responded to the increased political risk and potential uptick in both inflation and interest rates.

Advertisement

A sell-off this week has seen yields on 10-year bonds, which move inversely to prices, go up to 2.60%.

The US Treasury publishes a detailed breakdown of who owns what, here's how that looks, as of October 2016:

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article