Japan Treasury Holdings
As of Dec-2025. Source: U.S. Dept. of the Treasury
Japan holdings timeline
Dec 2025Share 13.9%
MAX · lineSource: U.S. Department of the Treasury (TIC System) · 321 monthly observations
Japan Holdings Overview
Historical analysis of U.S. Treasury holdings
Current Holdings
$1.19T
Global Rank
#1
Share of Foreign Holdings
13.9%
Peak (Aug-2004)
42.3%
Historical Trend
Japan's holdings peaked at 42.3% in Aug-2004 ($699.4B). Current holdings are down to 13.9% ($1.19T), signaling diversification away from U.S. Treasuries.
Change from peak: -28.4pp (-67%)
Historical Holdings Data
| Date | Holdings | Share | Rank |
|---|---|---|---|
| Dec-2025 | $1.19T | 13.9% | #1 |
| Nov-2025 | $1.20T | 13.9% | #1 |
| Oct-2025 | $1.20T | 14.1% | #1 |
| Sep-2025 | $1.19T | 13.9% | #1 |
| Aug-2025 | $1.18T | 13.8% | #1 |
| Jul-2025 | $1.16T | 13.7% | #1 |
| Jun-2025 | $1.15T | 13.7% | #1 |
| May-2025 | $1.14T | 13.7% | #1 |
| Apr-2025 | $1.14T | 13.7% | #1 |
| Mar-2025 | $1.14T | 13.5% | #1 |
| Feb-2025 | $1.13T | 13.8% | #1 |
| Jan-2025 | $1.08T | 13.7% | #1 |
| Dec-2024 | $1.06T | 13.4% | #1 |
| Nov-2024 | $1.09T | 13.5% | #1 |
| Oct-2024 | $1.10T | 13.7% | #1 |
| Sep-2024 | $1.10T | 13.5% | #1 |
| Aug-2024 | $1.11T | 13.9% | #1 |
| Jul-2024 | $1.09T | 14.0% | #1 |
| Jun-2024 | $1.09T | 14.2% | #1 |
| May-2024 | $1.11T | 14.7% | #1 |
| Apr-2024 | $1.13T | 15.1% | #1 |
| Mar-2024 | $1.17T | 15.5% | #1 |
| Feb-2024 | $1.15T | 15.4% | #1 |
| Jan-2024 | $1.14T | 15.4% | #1 |
| Dec-2023 | $1.12T | 15.1% | #1 |
| Nov-2023 | $1.13T | 15.8% | #1 |
| Oct-2023 | $1.10T | 15.9% | #1 |
| Sep-2023 | $1.09T | 15.7% | #1 |
| Aug-2023 | $1.12T | 15.8% | #1 |
| Jul-2023 | $1.11T | 15.8% | #1 |
| Jun-2023 | $1.10T | 15.8% | #1 |
| May-2023 | $1.10T | 15.8% | #1 |
| Apr-2023 | $1.13T | 16.1% | #1 |
| Mar-2023 | $1.09T | 15.7% | #1 |
| Feb-2023 | $1.08T | 16.1% | #1 |
| Jan-2023 | $1.10T | 16.2% | #1 |
| Dec-2022 | $1.08T | 15.9% | #1 |
| Nov-2022 | $1.08T | 16.0% | #1 |
| Oct-2022 | $1.06T | 15.8% | #1 |
| Sep-2022 | $1.12T | 16.3% | #1 |
| Aug-2022 | $1.20T | 16.9% | #1 |
| Jul-2022 | $1.23T | 17.4% | #1 |
| Jun-2022 | $1.23T | 17.6% | #1 |
| May-2022 | $1.22T | 17.4% | #1 |
| Apr-2022 | $1.22T | 17.3% | #1 |
| Mar-2022 | $1.23T | 17.1% | #1 |
| Feb-2022 | $1.30T | 17.9% | #1 |
| Jan-2022 | $1.30T | 17.9% | #1 |
| Dec-2021 | $1.30T | 17.9% | #1 |
| Nov-2021 | $1.33T | 18.4% | #1 |
Showing most recent 50 of 321 data points
Source: U.S. Department of the Treasury, Treasury International Capital (TIC) System
Data Range: Mar-2000 to Dec-2025 (321 monthly observations)