We finally know how much U.S. debt is owned by Saudi Arabia
We finally know how much U.S. debt is owned by Saudi Arabia
Earlier this week, the Treasury Department disclosed for the first time just how much of the U.S. debt is owned by Saudi Arabia by way of U.S. treasury bonds. Andrea Wong wrote about it for Bloomberg.
The amount owned by Saudi Arabia — about $116.8 billion — seems large, but is dwarfed by the $1.2 trillion owned by the Chinese or Japan’s $1.1 trillion.
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