America, Meet Your Brand New Largest Foreign Creditor

The U.S. and East Asian countries including Korea have fed off each other.

From Zero Hedge:

Exactly one month ago we wrote that "Japan Ties China As America's Largest Creditor" when, according to Treasury International Capital in the month of January, China sold just over $5 billion in Treasurys while Japan bought $8 billion in US paper. Fast forward to today when we are pleased to announce that, as expected, the trend has continued and for the first time since the great financial crisis, Japan is once again America's largest foreign credito.


http://www.zerohedge.com/news/2015-04-15/america-meet-your-brand-new-largest-foreign-creditor