04:07 PM EDT, 03/19/2025 (MT Newswires) -- The US Treasury reported Wednesday that there was a net combined $48.8 billion outflow of long-term, short-term and banking flows in January, compared with a $178.8 billion inflow in December.

Long-term securities transactions represented a $45.2 billion outflow while short-term transactions were a net $53.9 billion inflow and bank liabilities were a net $57.5 billion outflow.

By country, Japan remained the largest holder of Treasury securities with $1.079 trillion.