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Foreign holdings of US Treasury debt drop in April

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WASHINGTON (AP) — Foreign demand for U.S. Treasury securities fell in April for the first time in more than a year, as China and Japan both trimmed their holdings. The Treasury Department said Friday that total foreign holdings dropped 1.2 percent in April from March to $5.67 trillion. China, the largest foreign buyer of Treasury debt, reduced its holdings 0.4 percent to $1.26 trillion....

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