UK Surpasses China as US Debt Holder

Britain overtakes China as the second-largest holder of US debt, with UK hedge funds significantly increasing their investment in US Treasuries. This shift towards hedge funds as prominent buyers, particularly in London, brings new risks of volatile price swings and potential market crises. The true owners of these holdings may not be British, reflecting a global investment trend.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.