Tag: Bonds

AP Photo/Itsuo Inouye

Japan to Pass China as America’s Biggest Creditor

Americans are routinely told not to worry about how much of our titanic national debt is held by foreigners, but those who do keep track of such things may be relieved to know that our current number-one creditor, our totalitarian geopolitical adversary China, has been surpassed by our considerably less hostile ally Japan. Each of those nations holds a little over 10 percent of America’s debt.